7. More IoT Security Breaches

The entire IoT industry was upended in 2016 when hackers used IoT devices to overwhelm servers at Domain Name System (DNS) provider Dyn, leading to the blockage of more than 1,200 web sites – including Twitter and Netflix.

The distributed denial of service attack (DDoS) attack shed light on the risks behind the security vulnerabilities of many IoT devices, and many solution providers called on manufacturers to invest more in security measures behind connected products.

However, many connected devices remain vulnerable, and in 2017 the tech industry will continue to face security scares.

"Weaponizing IoT will become a regular occurrence," said David Gibson, vice president of strategy and market development at security company Varonis Systems. "IoT devices such as DVRs and security cameras will become more frequent targets for attackers."