This year, though, the online retailing giant faced a backlash after news broke that human reviewers were sometimes listening to recordings of users’ private conversations with Alexa.

Alexa has dominated the smart speaker race against Apple’s Siri and Google Assistant.

Now, of the 76 million smart speakers perched in US homes and businesses, 70% are Echo devices, according to Consumer Intelligence Research Partners. 

 Google, Apple, Microsoft and Facebook have also admitted to listening in on recorded user conversations with smart assistants.

The internet of things, or IoT, is a system of interrelated computing devices, mechanical and digital machines, objects, animals or people that are provided with unique identifiers (UIDs) and the ability to transfer data over a network without requiring human-to-human or human-to-computer interaction.

Insufficient testing and updating. …

Brute-forcing and the issue of default passwords. …

IoT malware and ransomware. …

IoT botnets aiming at cryptocurrency. …

Data security and privacy concerns (mobile, web, cloud) …

Small IoT attacks that evade detection. …

AI and automation. …

Home Invasions.

Rouse, M., Rosencrance, L., Rouse, M., & Rouse, M. (n.d.). What is internet of things (IoT)? – Definition from WhatIs.com. Retrieved from https://internetofthingsagenda.techtarget.com/definition/Internet-of-Things-IoT.

Discuss nascent efforts to financially measure cyber-security to make sound investment decisions This is just my honest opinion based off research I have done on Iot devices. New startup companies rarely put in any effort when it comes to investing in cyber-security. Everyday of the week there is a new IoT device compromise that makes it way to cyber-security blogs. Startup company don’t have sufficient funds to invest into cyber-security