Christina Comben: The Internet of (Insecure) Things: Could Blockchain Be the Solution?

The Internet of Things is taking a while to get off the ground. And with so many high-profile hacking attacks and PR disasters affecting big players like Yahoo and Jeep, it’s hardly surprising. The Internet of Things is looking a lot more like the Internet of Insecure Things, as parents watch their children’s smart dolls being hacked and patients worry about who’s controlling their cardiac devices.

According to a survey by Gemalto, a staggering 96 percent of businesses and 90 percent of consumers believe that there is a need for better security around IoT applications. Most consumers fear that hackers will take control of their devices and cause them to malfunction or break. And 60 percent of us are concerned about our data being leaked or stolen. At this juncture, we may be a long way from finding a secure solution for integrating IoT technology fully into our lives.

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