In its current form the Internet of Things (IoT) represents a considerable threat to consumers, due to inadequate regulations regarding its security and use. In many cases, the adoption of the technology is being driven by businesses eager to gain valuable data from citizens, with little concern for their privacy or the protection of that data.
Over the next two years, the number of IoT devices entering households is predicted to climb steeply from 9 devices per household currently, to 500 by 2022 according to the research house Gartner1, with IoT connectivity being bundled into products whether people want it or not. Some of the experts interviewed for this report such as Mikko Hypponen, chief research officer for the cyber security company F-Secure, which sponsored this report, said that in the future, devices without IoT capabilities may be more expensive because they’ll lack data that can be harvested by manufacturers.
For the purposes of this report, the authors interviewed politicians, a senior police officer, cyber security specialists, industry analysts, think tank observers and industry figures involved in developing technology for the IoT.
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* Non-EU and Canadian residents; please note that by downloading this whitepaper you agree to share your details with the sponsor of this whitepaper, F-Secure, for marketing purposes.
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