“When the first mainframes were sold, even IBM did not imagine a global market larger than a few thousand devices. Mainframes were the province of the largest governments and enterprises, used to execute complex managerial and operational tasks. Thanks to technological progress that has been both relentless and predictable, mainframes were supplemented first by minicomputers, then microcomputers, personal computers, and most recently, smartphones and tablets. Next up: smart devices & IoT.”
Those hacks will be attracted to huge volumes of data stored in the cloud, and those hacks will enter through one of the multiple billion end points that comprise the IoT. The report talks about what is needed in a solution: Trustless peer-to-peer messaging Secure distributed data sharing A robust and scalable form of device coordination