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 telecommunications sector . In a statement , AT&T said areas of protection were the " endpoint , network , cloud and application infrastructure " , while threat detection would be used to " study the entire IoT ecosystem and deliver products with built - in , always - on security . " Spending on IoT infrastructure is set to hit $ 700 in 2017 , compared to $ 737bn 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.