The Internet of Things (IoT) is the network of physical objects—devices, vehicles, buildings and other items—embedded with electronics, software, sensors, and network connectivity that enables these objects to collect and exchange data.
More things are being connected to address a growing range of business needs. In fact, by 2020, more than 50 billion things will connect to the Internet—seven times our human population. Examples are wearable health and performance monitors, connected vehicles, smart grids, connected oil rigs, and connected manufacturing. This Internet of Things (IoT) will revolutionize the way we work, live, play, and learn.
Inadequate security will be a critical barrier to large-scale deployment of IoT systems and broad customer adoption of IoT applications. Simply extending existing IT security architectures to the IoT will not be sufficient. The IoT world requires new security approaches, creating fertile ground for innovative and disruptive thinking and solutions.