The Emergence of IoT Security in The Post-COVID-19 World

IoT still lacks immunity against ransomware attacks and many new age cyberattacks. Security has become a must in IoT due to the increased attack surface vectors like web interfaces, crypto methods, outdated firmware, intercepting unencrypted comms, and common clear text passwords. Industry experts suggest the adoption of an outcome-based business model along with free access to services with proof-of-concept based projects can yield better returns over the long run. The challenge will be from the demand side than the supply side over the coming few months across below market areas.