Surging demand for enhanced privacy and increased government efforts to restrict the amount of data collected by IoT devices in the financial services, retail and healthcare industries is expected to drive increased investment in IoT security. Safeguarding the future of internet-connected devices and giving customers the choice to opt-out of data collection are the main reasons people are investing in the area.
The implementation of internet-connected devices in areas such as health monitors, smart home appliances, smart city projects, and smart retail is rising exponentially, which is turn has created the need for additional IoT security. Integrating firewalls and/or data loss prevention with an IoT security offering strengthens an organization’s posture when squaring off against cyber threats.
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