It is predicted that in 2020, the number of devices connected to
the internet will reach 30 billion, up from an estimated 13 billion
in 2015. This ecosystem of Internet-connected devices, operational
tools and facilities, has been referred to as the "Internet of
Things". This term refers to the network of physical objects
or "things" embedded with electronics, software, sensors,
and network connectivity, which enables these objects to collect
and exchange data.
Already, most businesses have realized the enormous advantages
that come from the ever advancing technology. Nevertheless, many
businesses have already or soon will experience the downside to our
dependence on technology. In a global study conducted by
PricewaterhouseCoopers LLP, called The Global State of
Information Security Survey ("GSISS"), it was
determined that of more than 9700 Executives across 154 countries,
the total number of security incidents detected by respondents
climbed to 42.8 million in
