Internet of Things (IoT) is simply connecting all physical objects to the internet so that they can collect, communicate and exchange data. In more technical terms, it is an ever growing network of objects embedded with chips, softwares, sensors, transmitters or any device with an IP address that is connected to the internet. All these devices being connected to the internet, enable them to communicate among themselves making them accessible and controllable at touch of a few buttons or even voice commands. Cars, home appliances, lighting, wearable health devices, wrist watches, POS machines are some of the most common examples of physical objects being connected using IoT.
Internet of Things Security Risks is a broad term that encompasses the risks associated with connecting everything to the internet. Some of the most common elements of IoT security are confidentiality, integrity, availability, authentication, authorization, nonrepudiation etc.
An application-oriented question on the topic along with responses can be seen below. The best answer was provided by Mohamed Asif and Shashank Parihar.
Applause for all the respondents - Mohamed Asif, Nilesh Gham, Shashank Parihar