Internet of Things has been attracting the significant interest, and will continue for the years to come. Smart devices are growing at an exponential pace with increase in connecting devices embedded in cars, retail systems, refrigerators, televisions and countless other things people use in everyday life and is expected to grow to 50 billion by 2020. Security and privacy are the key issues for such applications, and still face some enormous challenges. So, in an effort to deliver the security solutions necessary to protect the increasing range of connected devices, Cisco has challenged security experts around the world.
Source: https://thehackernews.com/2014/03/Internet-of-Things-Security-Apps.html