Businesses’ reliance on the Internet of Things (IoT) is growing, not just as a means of delivering services to users, but as a means of maintaining connections with employees, partners, contractors, and even competitors. However, there is growing concern that companies are rushing to reap the rewards of IoT without fully understanding the risks or taking steps to address even basic security challenges.

If the past few years have shown anything, it is how vulnerable our data and critical systems are to theft and tampering. Organizations that fail to take bold steps to protect user privacy and ensure systems operate in a protected environment run the risk of not only serious business and reputational damage, but also civil and even criminal penalties. (Also Read: Data Breach Notification: The Legal and Regulatory Environment.)

IoT security considerations

However, shifting the network edge into the IoT and beyond, increases security threats by increasing the number and diversity of

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