Abstract
The Internet of Things (IoT) is an evolving global trend in Web-based information architecture aiding in the exchange of services and goods over a network without necessitating human-to-human or human-to-computer interaction. It has the potential to revolutionize physical world interaction of individuals and the organizations. The application of IoT can be recognized significantly in many areas such as in healthcare, resource management, learning, knowledge processing, and many more. The practical realization of IoT is met with a plethora of security and privacy challenges that need to be tackled for IoT's successful deployment on a commercially viable large scale. This paper analyzes the security issues related to IoT networks through an analysis of the existing empirical researches to get an insight on the security requirements of the IoT networks. The findings of the study revealed that security threats are one of the biggest and ever-growing challenges for IoT, and it is essential to substantially mitigate them for the success of this platform.