Read Mark Campbell of Russell McVeagh discuss what companies can do to protect themselves on CIO :
The internet of things (IoT), the ability of everyday objects to remotely connect to computers, promises connection, convenience and new market opportunities for manufacturers and developers. For the users of smart devices and apps, the convenience factor comes with new risks unimaginable with ‘dumb’ devices, and for manufacturers too, the risk that customers and courts will hold them responsible for any losses suffered. Once devices connect to the internet they are vulnerable to exploitation and can provide an unsecured point of access to a network. Smart devices have been used to launch high profile distributed denial of service (DDOS) attacks, send spam emails, spy on families through baby monitors and toys, and steal corporate and personal data.
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