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Internet of Things Exposures & Enterprise Risk

Internet of Things Exposures & Enterprise Risk Stephanie Snyder Tomlinson, U.S. Cyber Sales Leader and Kevin P. Kalinich, Cyber Global Practice Leader, Aon Risk Solutions [NYSE:AON] Incrementalism in technology leads to irrelevance over time, because change tends to be revolutionary, not evolutionary, Google founders Larry Page and Sergey Brin. What is the “I nternet of Things”? A working mother pulls out her mobile device on the train home from work to: (i) turn on the oven to pre-heat dinner; (ii) check the thermostat to ensure it is warm enough when her three daughters arrive home from school; (iii) monitor her dad’s heart device; and (iv) verify the gas level and tire air pressure in her car before the kids’ dance class that night. So long as the transportation logistics, home appliances and utilities work properly, it should be a smooth night. What common element do all of these “things” rely on? The revolutionary Internet of Things (“IoT�

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