Analysis of Privacy, Security, and Trust in the Internet of Things (IoT) Ecosystem
Anteneh Girma, Antione Searcy, Adine Patrick Barrett · 2024
In the wake of rapidly increasing connectivity and social acceptance of IoT devices, understanding the privacy, secu-rity, and trust dimensions of IoT is instrumental in shaping how connected technologies are applied. IoT is steadily revolutionizing different aspects of society. However, relying on a centralized third-party sharing platform inevitably leads to higher fees, lack of trust, and governance issues for both users and service providers, and creates an inherent bias and fraud in the system (Islam & Kundu, 2020). Despite the prevalence of challenges linked to the continuous leasing of IoT architectures, existing studies have not explored the privacy, security, and trust issues that such architectures present to users. In a sharing economy, privacy is secondary liberty because stakeholders are utilizing connected devices to conduct surveillance and violate the privacy rights of individuals. As such, the current research seeks to demonstrate the extent of security, trust, and privacy concerns in IoT, including demonstrating how these threats can be mitigated. It also revealed that a combination of security and privacy challenges as well as the user's perception of connected devices contribute to trust issues when using IoT. The research looks at How the application of IoT in different domains (domestic and industrial contexts) increased security, trust, and privacy concerns among users?