Overview: Internet of Things (IoT) has turn out to be a chief requirement for the verticals such as IT & telecom, retail, BFSI, healthcare, and government due to its innovations and easy to adopt nature. IoT has its share of challenges which arise mainly due to the security concerns. To overcome this security hassle, business organizations are hugely investing for the betterment of solutions for IoT security. At present, Asia Pacific is the most attractive region for the adoption of IoT due to smart city projects being built in the region.