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.
AI-powered malware could breach security systems in seconds: NATO-backed start-up
Kines warned that AI-powered security tools alone cannot counter AI-driven malware. A multi-layered defense strategy, blending AI-enhanced detection systems with network segmentation tools, is necessary.