The Benefits and Security Risks of the Internet of Things

The Internet of Things (IoT) is revolutionizing our everyday lives.

The term Internet of Things (IoT) refers to the interconnection of uniquely identifiable devices within the existing Internet infrastructure. In more simple terms, it’s an environment where Internet-connected devices and sensors communicate with each other to perform a designated task. The end result is automation, efficiency, safety, and convenience- just to name a few.

By 2020, the IoT ecosystem will expand to 212 billion connected ‘things’ and expected to be a $8.9 trillion market. So it’s no doubt IoT devices will integrate into our daily lives. But as consumers are increasingly drawn to the conveniences and benefits of IoT devices, most are unaware …

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