10The Internet of Things and IT Auditing
John Shu,1 Jason M. Rosenberg,2 Shambhu Upadhyaya,2 and Hejamadi Raghav Rao1
1Department of Information Systems and Cyber Security, University of Texas San Antonio, San Antonio, TX, USA
2University at Buffalo School of Management, The State University of New York at Buffalo, Buffalo, NY, USA
10.1 Introduction
The growth and proliferation of Internet and Communication Technologies (ICTs) within the last decade has resulted in a giant web of interconnected devices. Gartner research currently estimates that there are about 3 billion connected devices in consumer home environments. It is, however, predicted that by the year 2020 we would have nearly 21 billion devices connected and talking to each other (Boorstin, 2016). This growth is not limited to the traditional consumer environments but also comprises the millions of devices that are continually being installed and deployed industrially in facilities such as plants, warehouses. Currently, there are huge cost-saving advantages being realized by the prowess of IoT in industries such as health care, transportation, and retail and logistics in almost every facet of their operation. However, as with the adoption of any burgeoning technology, IoT comes with a gamut of issues such as acceptance, usability, security, among which security usually turns out to be one of the most critical. This is coupled with the fact that on average an individual can be associated with up to three different ...
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