Security risk assessment in IoT environments: A taxonomy and survey

Abstract

Internet of Things (IoT) applications have become an integral part of our daily lives. However, due to the rising number of cybercrimes, ensuring cyberspace security has become essential. The security and privacy of IoT applications are fundamental as they are used in critical sectors, like healthcare, transportation systems, and energy production. As a result, many studies are focusing on the security and privacy of the IoT revolution. The need for assessing IoT security risks is increasing.

This paper presents a survey and taxonomy of risk management, analysis, and evaluation methods applied to systems involving IoT devices. In particular, the paper reviews and categorizes existing IoT risk management and assessment frameworks, and the different assessments techniques, risk perspectives, and methodologies. The paper concludes with a deep analysis of these frameworks, solutions, and guidelines, and discusses future research directions.