The global embedded security market is expected to grow at a CAGR of 5.7% from 2023 to 2028, reaching an estimated value of $9.8 billion by 2028. This growth is fueled by the increasing number of IoT applications and the adoption of generative AI. Key players in this market include Infineon Technologies AG, STMicroelectronics, and NXP Semiconductor among others. The report also highlights China’s dominant position in the embedded security product field.
Researchers sound alarm over hackers exploiting critical ProjectSend vulnerability
A critical vulnerability in ProjectSend was fixed in 2020, but there is still a high risk of exploitation, according to researchers. The flaw could allow