The Internet Of Things: Business Analysis

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We all currently live in the most technologically advanced eras we have ever seen, we have access to so much more information than any of our ancestors. We can find almost anything we can think of with a few clicks of a mouse. Now technology is evolving even further with the advancements of “Internet of Things” (IoT). The Internet of Things was a phrase that was coined by Kevin Ashton in 1999, to describe the system that real world objects could be connected to the internet by the use of sensors. So what that means is objects like your door lock, your thermostat, your lights will all be connected to the internet and can communicate to one another.
In the past couple years we have seen some of those devices being implemented in businesses,
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To me that is frightening, yes some of the devices that are available offer you and your family some security. You are able to get devices that will lock your door, warn you of gas, or water leaks. What I am afraid is that the power to access your home is just a hack away. There are so many potential and available IoT devices that if hacked can have serious consequences for the owner. In 2015, two hackers conducted an experiment to remotely hack a 2014 jeep cherokee while someone was driving it. In the experiment the hackers had someone drive the Jeep on the highway, while driving the hackers were able to take control of the vehicle. They started small and turned the A/C on, then they were able to turn the radio up as loud as they liked. At the end of the experiment the hackers were able to shut the car down and the car was no longer able to accelerate. The car was stuck on an overpass and had no power to move the car. Even for a controlled experiment it was extremely dangerous to take power away from a car on a busy highway. After the hackers completed the experiment they presented the findings with chrysler. According to WIRED “Chrysler announced a recall for 1.4 million vehicles after a pair of hackers demonstrated to WIRED that they could remotely hijack a Jeep’s digital systems over the Internet” 3 Now imagine that you and your family are in a new town looking for your hotel, you get lost you don’t know if the area you are in is safe or not. The next thing you notice your car will no longer accelerate, you and your family are stuck. You have no idea where you are or why your car stopped working. Then you see some people come out of the shadows and long story short you are not in a good situation. That is just one possible dangers of having your car on the grid. The smart cars do have some impressive and very useful applications. Some of the benefits

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