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Across all industries, organizations are leveraging smart technologies like artificial intelligence (AI) and machine learning (ML) to improve processes and cut down on time-consuming manual tasks. Adoption of these technologies has grown, with IBM reporting in 2022 that over one-third (35%) of surveyed companies are using AI in their businesses to some degree.
The first half of 2023 saw an increase in cellular IoT malware attacks, with SonicWall threat researchers recording 77.9 million attacks, a 37% increase from 2022. Now more than ever, organizations managing IoT programs must take the necessary steps to secure their solutions across all levels – device, network, and application.
The first real step enterprises must take to secure their cellular IoT investments is to set a definitive IoT security budget. But this process is easier said than done. For one thing, landing on a concrete budget requires cross-enterprise collaboration among stakeholders, research, and frequent discussion on how to approach cellular IoT security.
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