The global Internet of Things (IoT) market was valued at $190 billion in 2018 and it is expected to reach $1.11 trillion by 2026. Rapidly growing tech markets call for reliable security measures.

DesignRush, a B2B marketplace connecting brands with agencies, outlined the most serious IoT security vulnerabilities and what can be done to solve for them and keep devices protected.

The biggest IoT security issues are:

1. Hijacking of IoT devices and ransomware
2. Insufficient testing and lack of updates
3. Home invasions
4. IoT-driven financial crime
5. Remote smart vehicle access
6. Rogue and counterfeit IoT devices
7. Lack of user awareness regarding IoT security

The best ways to solve security challenges are:
1. Change passwords often and make them strong
2. Don’t rely on cloud technology
3. Avoid universal plug & play features
4. Use a secondary network
5. Update IoT devices regularly

The top IoT companies are:

1. Ardas – ardas-it.com
Expertise: Software Development, Internet of Things, IT Services & Networking and more

2. Bluebash Consulting Private Limited – bluebash.co
Expertise: Web Development, Mobile App Design, UX Design and more

3. JetSoftPRO – jetsoftpro.com
Expertise: Internet of Things, Software Development, AR/VR and more

4. KitRUM – kitrum.com
Expertise: Cybersecurity & Risk Management, Software Development, Internet of Things and more

5. MaxSoft – maxsoft.bg
Expertise: Software Development, Cybersecurity & Risk Management, Internet of Things and more

6. Sigma Software – sigma.software
Expertise: Cybersecurity & Risk Management, Software Development, Internet of Things and more

7. Sirin Software – sirinsoftware.com
Expertise: Software Development, Internet of Things, IT Services & Networking and more

8. UkrInSofT – ukrinsoft.com
Expertise: Software Development, Cybersecurity & Risk Management, Internet of Things and more

Brands can explore the top IoT companies by location, size, average hourly rate and portfolio on DesignRush.

About DesignRush: DesignRush.com is a B2B marketplace connecting brands with agencies. DesignRush features the top agencies around the world, including the best Digital Agencies, Software Developers, Logo Design, Branding, Digital Marketing, Website Design, eCommerce Web Design Companies and more.

Source:Tech Social Net