The Internet of Things (IoT) is a network of embedded devices that are uniquely identifable and have embedded software required to communicate between the transient states. The purpose of this study is to explore discrete IoT security challenges pertaining to currently deployed IoT standards and protocols. We have presented a detailed review in this study that focuses on IoT’s imminent security aspects, covering identifcation of risks pertaining to the current IoT system, novel security protocols, and security projects profered in recent years. This work presents an updated review of the IoT architecture in the protocols and standards that are profered for the next-gen IoT systems. A security-specifc comparative analysis of protocols, standards, and profered security models are presented as per IoT security requirements.

This study elicits the need for standardization at the communication and data audit level, which exposes the hardware, software, and data to various threats and attacks. Our study reveals a need for protocols that are competent enough to be accorded for over one threat vector. This paper provides an insight into the latest security research trends, which will prove benefcial in the development of IoT security. The research outcomes can beneft the research community in IoT
by integrating IoT-based devices’ best security aspects. Lately, the entire network domain is undergoing a drastic technological revolution. Automation of networks has been a hot topic that has been trending for quite some time. Supplementing it is Internet of Things (IoT) technology, which paves the way for providing that element. The Internet of Things [1] is defned as the inter-device environment built up by the devices that focus on three important tasks–transmitting data, receiving data, and processing received data. Initially, local physical devices connected to the internet for real-time data analysis were considered being the IoT network. With time-lapse, IoT’s scale has extended itself from the local workstation to Industrial IoT frameworks [2]. Research works on IoT depict the proliferation of IoT in the feld of–healthcare Wireless network with embedded networking capability is the current Industrial trend worldwide. IoT is one of the main gainers of this networking domain. It has undergone a signifcant development by integrating Cloud services, providing SaaS, IaaS, and PaaS. IoT Commercial sectors have seen a major boom in the market during the last few years, as smart system demands grew manifold because of its rich feature and one-click-away services. Smart systems like Smart Home appliances, AI-based smart devices, smart home automation, smart vehicles, smart labs, etc., ofer ease of living but too much dependability on them often leads to high risks. Figure 1 based on statista report gives an estimated graph of the expected surge in IoT devices in the near future.

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