Firedome raises $10 million to secure IoT devices against hacking

Billions of devices are expected to be connected to the internet by 2030, according to Cisco, a chunk of which will be highly vulnerable to intrusion and data breach. Hewlett-Packard Enterprise reported in a recent study that as many as 70% of internet of things (IoT) devices contain well-known exploits. And from 2016 to 2017, Symantec traced a 600% increase in targeted attacks against IoT products.