I recently bought a fitness band to track my daily workouts and quickly got hooked. The invaluable insights it provided through data analysis, coupled with the constant reminders it pushed out to help me achieve my fitness goals, got me thinking about how the Internet of Things (IoT) is transforming our way of life and shaping our future.

However, my enthusiasm for the fitness band waned somewhat when I read a piece on the IoT security issues it posed. Did you know that cybercriminals can track the movements of your wristband to steal your ATM personal identity number (PIN)?