An IoT Risk Analysis Approach for Smart Homes (Work-in-Progress)

There is no doubt that IoT use in private homes (e.g., to control heating, entertainment systems, or security cameras) is rapidly increasing. While IoT has the potential to solve many problems and bring convenience to consumers, dependence on it introduces certain risks such as ransomware targeting smart homes and privacy violations by IoT vendors through extensive data mining. In this paper, we present an approach to model the risks of home IoT devices and introduce our vision for a user-friendly risk management tool.