Cybercriminals are always on the lookout to gain unauthorised access to IoT devices.

The Internet of Things (IoT) has brought numerous benefits to our daily lives, such as increased convenience and automation, but there are also some serious concerns about the dark side of this promising technology.

Here are four major issues that are preventing the growth of IoT:

1. Security Issues

One of the main growing concerns about IoT is the issue of security. As the number of connected devices continues to grow, so does the risk of cyber-attacks. Hackers can target IoT devices to gain access to personal information and control over devices, leading to privacy breaches and potential harm. For example, a hacker could take control of a medical device and use it to administer a dangerous dose of medication or take control of a car and cause an accident.

2. Lack of Regulation and Standardization

Another concern is the lack of regulation and standardization. With so many different devices and manufacturers, it can be difficult to ensure that all devices are secure and meet minimum safety standards. This can lead to a fragmented market where some devices are more secure than others, leaving consumers at risk.

3. Privacy Issues

Additionally, IoT also raises concerns about the collection and use of personal data. Smart devices are constantly collecting data on their users, including location, browsing history, and even conversations. This data can be used for targeted advertising or sold to third parties, raising questions about privacy and the potential for misuse of personal information.

4. Inequality Issues

IoT also has the potential to create new forms of inequality. As the IoT becomes more prevalent, those who cannot afford the devices or internet access may be left behind, leading to a digital divide.

The Internet of Things has brought many benefits to our daily lives, but it also poses significant risks and challenges. It's important for governments, manufacturers, and consumers to be aware of these concerns and take action to address them. This includes implementing better security measures, strengthening regulations, and educating the public about the potential risks associated with IoT devices.