While appealing new gadgets and innovative products continue to hit the market, legal firms caution organizations about the risks of IoT devices. Technology-focused trial litigator IJay Palansky forecasts the impending boom of cyber litigation in the coming years and his recommendations for avoiding the costly consequences of an attack.
"Within two or three years, there is going to be a big wave of IoT cybersecurity-related litigation. I think it's inevitable. Despite the fact that there hasn't been a lot of it up until now, this is going to be a huge growth area in terms of litigation throughout the country and anyone in the IoT space who isn't taking that into account when they're making their decisions about cybersecurity are in for a rude awakening these next few years."
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