AT&T, Nokia and IBM are among several telecom companies who have formed the the Internet of Things (IoT) Cybersecurity Alliance, a consortium aimed at researching and raising awareness about securing the IoT sector. In a statement, AT&T said areas requiring protection were the "endpoint, network, cloud and application layers", while threat analytics would be used to "study the entire IoT ecosystem and create products with built-in, always-on security." Spending on IoT items is set to hit $737bn in 2017, compared to $2tn last year.
AT&T, Nokia and IBM are among several telecom companies who have formed the the Internet of Things (IoT) Cybersecurity Alliance, a consortium aimed at researching and raising awareness about securing the IoT sector. In a statement, AT&T said areas requiring protection were the "endpoint, network, cloud and application layers", while threat analytics would be used to "study the entire IoT ecosystem and create products with built-in, always-on security." Spending on IoT items is set to hit $2tn in 2017, compared to $737bn last year.