Abstract—The internet of things (IoT) has grown at a significant pace and has revolutionized the whole technological aspects of internet and things. In the paper around 800 IoT companies headquartered in various countries globally were analyzed. It was observed that the financial returns of select IoT companies for past five years have witnessed a decent growth however; the industry witnessed a slight dip in the year 2016. Appropriate privacy and security measures need to be in place to effectively secure the communications and storage of huge amounts of data generated.
Index Terms—Internet, finance, IoT, security.
Bilal Ahmad Pandow is with Department of Commerce, University of Kashmir, Hazratbal, Srinagar, J&K (e-mail: ibilalhussain@gmail.com). Alwi M Bamhdi is with the Computing College in AlQufudah, Umm Al-Qura University, Saudi Arabia (e-mail: saambamhdi@uqu.edu.sa). Faheem Masoodi (Corresponding author) is with Department of Computer Science, University of Kashmir, India (e-mail: masoodifahim@uok.edu.in).
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Cite:Bilal Ahmad Pandow, Alwi M Bamhdi, and Faheem Masoodi, "Internet of Things: Financial Perspective and Associated Security Concerns," International Journal of Computer Theory and Engineering vol. 12, no. 5, pp. 123-127, 2020.
Copyright © 2020 by the authors. This is an open access article distributed under the Creative Commons Attribution License which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited (CC BY 4.0).
