IoT Security: Five Fundamentals | @ThingsExpo #BigData #IoT #IIoT #M2M

A key and wide-ranging tech trend that’s affecting enterprises and consumers alike is the Internet of Things (IoT). It’s a development that’s already transforming how we work and live as entrepreneurial minds continue to create use cases for billions of connected things. Transformations of this magnitude come with growing pains. Gartner recently revealed unexpected implications arising from the IoT, pointing out that by 2020, firms will have increased annual security budgets by 20 percent (up from less than one percent in 2015) in order to address security compromises in the IoT. Even more disturbing is that Gartner expects that a black market exceeding $5 billion will exist to sell fake sensor and video data that enables criminal activity by 2020.

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