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.
T-Mobile pays $16 million fine for three years’ worth of data breaches
T-Mobile has agreed to pay a $15.75 million fine and improve its security in a settlement over a series of data breaches over three years
