Full-scale IoT adoption hinges on trust: Cisco

TORONTO - While most consumers believe that Internet of Things (IoT) services will deliver significant value for them, very few understand - or trust - how their IoT data is being managed and used, says a new report from Cisco.The company’s first IoT Value/Trust Paradox report is based on a survey of 3000 consumers (including respondents from Canada) and was designed to provide businesses with actionable insights on how to increase consumer confidence in and adoption of IoT services.Despite their lack of trust in IoT data security, consumers on the whole say that they are unwilling to disconnect from IoT services,...