Enterprises and businesses are racing to understand and develop solutions that will address issues like customer centricity, operational efficiency, safety at work, as well as lowering the cost of doing business. In a number of these scenarios, the Internet of Things (IoT) is envisioned to be a primary supporting technology driving innovation.
Deloitte Insight wants that while these smart, connected objects offer tremendous opportunities for value creation and capture, they can also create tremendous risk, demanding new strategies for value protection.
The consultant warned that a single vulnerable device can leave an entire ecosystem open to attack, with potential disruptions ranging from individual privacy breaches to massive breakdowns of public systems.
Watch the video for a quick recap of the risks that come with IoT.