There has been an increasing development of smart devices in the last few years. This proliferation of smart devices has brought about new income streams for business, and at the same time, new avenues have been opened up for hackers to explore. The advancement of IoT is here to make life simple, but at the same time, keep us unsafe from the cyber attacks. The most fragile aspect is the breach of privacy which is appreciated by many.
This is not a new concern; anytime we have seen a new tech innovation, hackers exploit the loopholes and various debates spring up concerning the safety of the technology. However, since IoT devices have outnumbered the number of people n earth, developers and engineers have to come up with an innovative cyber security mechanism of the new age.

Security Threats caused by IoT devices
The number of IoT devices, which are commonly referred to as smart devices keep increasing each year, and they are raising a security concern. The genuine concern is that there are more devices being produced in a weak infrastructure that is not secure enough to allow safe transfer of data. For instance, in 2015, a commercial smart refrigerator was hacked, which allowed the hackers to access the Gmail accounts of users; this is how dangerous a loophole is to a smart device.
Once a smart device is synced to a laptop or a smartphone, all data stored on the device is at risk. There is also a more serious risk which is spying on people, once wifi cameras are hacked. It is easy to spy on anyone when the GPS is on. Hackers are the primary threats to cybersecurity, and they can make life miserable for government agencies, business and other facilities like power stations and hospitals when a network monitoring program is installed on their systems.

IoT and the Cloud
Expansion of online data storage and the cloud has been a major driver of IoT technology. While cloud storage is appealing to many, personal information is now readily available online than ever. This makes it important for IT experts to increasingly advance security access privileges as the cloud grows in size and use.
Smart devices will have to change and allow automatic updates when IoT truly takes center stage. Update patches for smart devices will have to be released frequently to improve the fight against malware. This can be made easy, thanks to cloud technology.

How you can protect yourself with the advent of IoT technology
Software and hardware developers have a mandate of coming up with devices that are safe for the public to use. We need to see regulations of smart products, just as there are regulations for cars. But before that happens, we need to be vigilant in preventing ourselves from security threats.
All business and home networks need to have a unique signature from guest and rogue devices. This will make it easy for the administrator to get notifications for unauthorized access failures. It is also important to have smart firewalls for office and home use, where several IoT devices are situated. Policies should be created by companies to require employees to get permission before introducing other IoT devices to the network.

Developers need to be proactive
Internet security is going to change in the next few years after the public realized that governments have the capability of spying on them. This desire for change is also catalyzed by the number of cyber attacks happening on a frequent basis. The sad part is that we shall reach a point where we will all accept that there is no privacy. This is possible, considering the number of personal information available on social media. Even though the level of privacy has diminished over the years, IT experts and developers are not supposed to be lazy.

Safety will be the most prized commodity in the market as high profile hacks continue to happen. Cybersecurity can become the next big thing in the 21st Century. IoT is not showing any signs of slowing down: it is time for developers and IT experts to become proactive when it comes to security.

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Finn Pierson is a freelance writer and entrepreneur who specializes in business technology. He is drawn to the technological world because of its quickly paced and constantly changing environment. He believes embracing technology is essential to capturing success in any business and strives to inspire and encourage top technological practices in business leaders across the globe. He's a fan of podcasts, bokeh and smooth jazz. His time is mostly spent learning the piano and watching his Golden Retriever Julian chase a stick.