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Top 10 IoT Security Threats and Solutions. Security plays a vital role in the software and IT industry. It ensures that everything is safe, be it source code, credentials, devices, user details, banking information, or any other components. With IoT being prevalent in every business sector, it is essential to secure devices and data alongside dealing with the challenges with top-notch solutions. So, without holding up, let us guide you through the threats and solutions for IoT security.