Category: IOT

The IoT industry appeared only in 2005. It needs time to grow up But at the same time, the period of its ripening is the “black soil” for hacker attacks. Therefore, companies are investing millions of dollars in hackathons studying IoT vulnerabilities.

Simply put, the top of the mountain will be companies that will provide security on IoT platforms and related equipment, as well as those who will solve relevant business and consumer problems using IoT goods and services.

IoT allows businesses to gain a competitive advantage by reducing costs and developing new sources of income. For example, the American company GE Aviation produces aircraft engines on which sensors are installed that allow remotely obtaining operational data and, on their basis, identifying optimal aircraft maintenance algorithms, which has reduced maintenance costs by seven times.

But any powerful technology, as we know, can be misused. Artificial intelligence works today for many good purposes. This includes making better medical diagnoses, finding new cancer treatments, and making cars safer. However, as artificial intelligence expands, we will also see it being used for dangerous or malicious purposes.