The global healthcare Internet of Things (IoT) security market is expected to grow at a CAGR of 19.1%, reaching around $3.56 billion by 2033, bolstered by increased cybersecurity awareness and the adoption of technologies such as 5G. However, budget limitations and a lack of standardized protocols present challenges. Industry leaders like IBM and Microsoft are advancing IoT security, with developments such as AI and ML integration, blockchain, and edge computing emerging as key trends.
Ransomware Attacks Surge 46% in Industrial Sector
The industrial sector experienced a 46% rise in ransomware attacks from Q4 2024 to Q1 2025, according to Honeywell’s 2025 Cybersecurity Threat Report. The research
