Abstract
While recent developments in The Internet of Things (IoT) present an infinite number of new possibilities for smart factories, the rapid expansion of this technology in industry presents an unprecedented security concern. Implementing IoT solutions in industrial environments must be accomplished smartly by creating a comprehensive threat model of existing and future network infrastructure, and then by utilizing standard information security controls followed by the application of an industry-appropriate risk management framework. Approaching the problem of IoT security methodically will allow smart factories to benefit from IoT solutions while mitigating all associated risks.