Legal-Sultan 1 Assignment 1
The security concerns associated with IoT technology include:
- Highjacking of the IoT devices
- The Industrial eavesdropping and espionage
- Increased cyber risks and ransomware attacks
- Inadequate physical hardening
- The IoT security challenges in the management of updated devices
- The lack of user knowledge and awareness
- The lack of compliance in the IoT manufacturers
- Cloud attacks
These implications might create immense concerns for the future of contract law and privacy liability. As such, internet connectivity, software, and hardware need to be effective so that the various IoT object can operate effectively. Without proper security, any connected object can easily be hacked. Immediately the hackers gain control; they can easily interfere with the functionality of the objects hence stealing the user’s digital data. The Internet of Things (IoT) has adopted new security risks that device manufacturers that both application developers and device manufacturers have not looked forward to it. The devices that constitute the IoT facilitated the analysis, monitoring, storage, and distribution of vast quantities of data with varying network users and devices. As such, the user’s privacy is threatened because of their limited control and choices over the distribution, collection, and retention of the distributed data.
The security risks that are usually associated with the legal framework regulating the IoT require urgent actions in legal analysis; hence it may need new and various approaches in the legislation process. The future of contract law that occurs in relation to the various IoT security issues has the potential to be limitless by having numerous advancements to the industrial internet, which will be accelerated by having integrated artificial intelligence, increased network bandwidth, and the ability to automate, deploy and orchestrate several security devices.