A jamming combating power allocation strategy is proposed to secure the data communication in IoT networks. The proposed strategy aims to minimize the worst case jamming effect on the intended transmission under multi channel fading and total power constraints by modelling the problem as a Colonel Blotto game Nash Equibrium (NE). Both Logistic Regression as well as a specifically designed algorithm are used to iteratively and rapidly obtain the equilibrium strategy. The conducted theoretical derivations and Monte Carlo simulations confirm that the proposed approach can secure the IoT network with a limited amount of power and with a number of iterations that is much reduced compared to state-of-the-art techniques.