IoT technology enables organizations to optimize processes, enhance product offerings, and transform customer experiences in a variety of ways. While customers are eager to leverage business opportunities available through IoT, security, risk, and privacy concerns remain. This is, in part, due to a struggle with disparate, incompatible, and sometimes immature security offerings that fail to properly secure deployments, leading to an increased risk for customer or business owner data

Due to the lack of security integrated into IoT devices, they present significant risks to compromise the security and privacy of customer data in an IoT application. The potential of harm raises questions about how to address security risks posed by IoT devices and device communication to and from the cloud. Common customer concerns regarding risks center on the security and encryption of data while in transit to and from the cloud, or in transit from edge services to and from the device, along with patching of devices, device and user authentication, and access control. Securing IoT devices is essential, not only to maintain data integrity, but to also protect against attacks that can impact the reliability of devices. As devices can send large amounts of sensitive data through the Internet and end users are empowered to directly control a device, the security of “things” must permeate every layer of the solution.

Clearly, most of these security issue can only be resolved by the device manufacturer and they must implement security practices to mitigate IoT risk and also implement remote monitoring of these IoT devices in every solution to get real-time update related to security, breach and incident report.