Commercial real estate is primed to adopt IoT, which promises to increase the efficiency of existing building management systems. From HVAC systems to smart meters, lights, and thermostats, IoT integration increases the control of smart building operators – and unlocks new ways to maximize efficiency.
However, every new IoT device creates an additional surface for cyber attack, data theft or system failure. And the stakes are high: A compromised device could be used to steal information or compromise an entire BMS, or could be made to malfunction in a way that puts lives at risk.