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Trust Is the Lifeblood of Consumer IoT

July 12, 2019 / KRISTINA PODNAR

Just like all businesses, technology manufacturers exist to make a profit, and the dawn of the Internet of Things (IoT) presented limitless opportunities. Not wanting to miss out, the first businesses to grasp the potential of this new market got their products out as quickly as they could, prioritizing speed and functionality while leaving security as an afterthought – if it was a thought at all.As a result, many of the first wave of IoT devices lacked the ability to update software or firmware. So, even when new vulnerabilities were discovered, there was no way to patch them, and hackers wasted little time taking advantage. (New vulnerabilities continue to be discovered today, by the way, even with older firmware.)