The Internet of Things Alliance Australia (IoTAA) coalition of industry and government stakeholders has been launched as a not-for-profit group to develop opportunities presented by the IoT for Australian business and industry and the economy.
The federal government and industry have been urged to work together to share information on cyber security threats and attacks to counter the increasing sophistication of cyber adversaries.
Worldwide spending on Internet of Things (IoT) security will reach $348 million this year, a 23.7% increase from 2015 spending of $281.5 million, as the IoT global market continues to grow rapidly.
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