Many data breaches begin with bad actors stealing legitimate user credentials a fundamental flaw in wider security systems. Logically, by locking down user identities, you can protect against stolen credentials and insider threats. But what if that threat is no longer a person or even a physical entity? The growth of the IoT requires businesses to evolve the ways they define and manage relationships between entities to ensure secure and efficient processes. IDC and Gartner predicted market opportunities of $1.7 trillion for the wider ecosystem by 2020 and $868 billion for enterprise in 2016.”]
Source: https://securityintelligence.com/a-double-edged-sword-iam-meets-iot/