How the Internet of Things affects the premises in Geekonomics

In Geekonomics. The Real Cost of Insecure Software, David Rice argues that market forces drive most software manufacturers to pay scant attention to security. This paper reviews Mr. Rice's arguments taking into account the irruption of the Internet of Things (IoT). First, the document explores if the economic and societal forces driving the behaviors that result in insecure software will be modified by the IoT and, if so, how. Afterward, it investigates if the outcomes generated by insecure software, including the proliferation of safety risks and cybercrime, and the potential remedies outlined by Mr. Rice to correct said outcomes will remain or be altered by the IoT. The inquiry leads to the conclusion that, on both counts, the analysis presented in Geekonomics is still valid.