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Remember it is your company ’ s brand reputation that will suffer if there are problems with security , personal data breaches or similar , not the reputation of your IoT technology provider . Contract provisions to penalize the supplier are possible but this is unlikely to fully offset the damage to your brand reputation . As a result , you need to know that the technology and your provider has a quality reputation within the industry , and uses best practices such as encryption and locking down communication to minimize the risk of a security breach to the greatest extent possible .

24 A ugust 2015