The global Internet of Things (IoT) security market is projected to reach $92.4 billion by 2030, growing at an annual rate of over 24.8%, according to a report by RationalStat. The value of the market was estimated at $19.6 billion in 2023. Factors driving growth include the increasing interconnectedness of devices and the complexity of cyber threats.

Hard-coded credentials found in Moxa industrial security appliances, routers (CVE-2025-6950)
Moxa has fixed 5 vulnerabilities in its industrial network security appliances and routers, including a remotely exploitable flaw (CVE-2025-6950) that may result in complete system