Internet of Things (IoT) devices continue to grow in popularity, but security and privacy issues continue to make headlines. In security news, fraudsters are tapping into mobile and app-based channels for fraud attacks. And in retail, Chipotle Mexican Grill beat analysts’ expectations for second-quarter earnings. All this, Today in Data.
$1.2 trillion: Projected global spending on IoT by 2022
$42 billion: Amount advertisers stand to lose to online, mobile and in-app advertising fraud in 2019
40 percent: Portion of households around the world that contain at least one IoT device
20 percent: Projected CAGR of the online fraud prevention market from 2019 – 2025
$1.43 billion: Second-quarter revenues for Chipotle Mexican Grill