Today’s world is defined by more than just the internet and shared data; it is defined by connected technology that can create, process, analyze, and communicate data without the need of human inputs. This is known as the Internet of Things (IoT) and is designed to allow enterprises to make value-adding decisions in real-time. However, the downside of the IoT is the increased risk to data security as more sensitive data is being created and stored on networks. Given this, a new risk management approach is needed to protect an enterprise’s critical information.