Imagine a world where every aspect of your life is connected. What you do is recorded by a growing number of connected devices you touch, interact and encounter every day. And then the collected data is shared over a network. Our world is becoming a central nervous system running on a network of connected devices.
By 2020, the number of internet-connected devices will reach 50 billion. Mathematically, that’s around 8 connected devices per person. And this indeed creates a simple but a dangerous dilemma. While our ability to collect data will grow via connected devices, there is hardly any adequate security system in place to protect and secure this data.
Let us look at the booming IoT industry in this regard. IoT devices are basically sensors, made of tiny computers, built to collect data and connect to internet. Unlike a traditional computer, they are not built with security measures in the first place.
- Our buying patterns and banking details
- Access codes and driving habits
- Real-time location of our daily routines
Read More: Information Security Concerns
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