Internet of things diversified usage of Internet of things. Governmental regulation is argued by some to be necessary to secure IoT devices and the wider Internet – as market incentives to secure IoT devices is insufficient. IoT systems are typically controlled by event-driven smart apps that take as input either sensed data, user inputs, or other external triggers (from the Internet) and command one or more actuators towards providing different forms of automation. Examples of sensors include smoke detectors, motion sensors, and contact sensors. Examples of actuators include smart locks, smart power outlets, and door controls. Popular control platforms on which third-party developers
Internet fraud Internet fraud Internet fraud is a type of fraud which makes use of the Internet. According to the FBI's 2017 Internet Crime Report, the Internet Crime Complaint Center (IC3) received about 300,000 complaints victims lost over $1.4 billion in online fraud in 2017. According to a study conducted by the Center for Strategic and International Studies (CSIS) and McAfee, cybercrime costs global ecomony as much as $600 billion, which translates into 0.8% of global GDP. Online fraud appears in many forms. It ranges from email spam to online scams. Internet fraud can occur even if partly based on the use