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