Description: Risk management governance in IoT security refers to the structured framework that allows for the identification, assessment, and mitigation of risks associated with the implementation and operation of Internet-connected devices. This approach is crucial given the exponential growth of IoT devices across various industries, from home automation to healthcare and manufacturing. Governance involves establishing policies, procedures, and controls that ensure the integrity, confidentiality, and availability of the data generated and transmitted by these devices. Additionally, it focuses on the shared responsibility among manufacturers, service providers, and end-users, promoting a security culture that spans from design to operation of IoT systems. Risk management in this context not only centers on protection against external threats, such as cyberattacks, but also on managing vulnerabilities inherent to the devices and their interconnectivity. Effective governance of risk management in IoT security is essential to foster trust in these technologies, ensuring that their adoption does not compromise user safety or the integrity of critical systems.
