Leveraging Interledger Technologies in IoT Security Risk Management

There are security vulnerabilities in all technological systems but particularly in many IoT solutions. Responsible disclosure has been the established approach for the security community to deal with the discovered vulnerabilities, but this approach does not fare well in the modern fast-paced world and, in particular, in the lowcost, often highly constrained, long-expected usable lifetime, yet highly volatile IoT space. This chapter proposes a DLT and interledger-based Automated Responsible Disclosure (ARD) solution that provides stronger incentives to the involved parties to address the vulnerabilities in a timely manner, better accountability of all parties, and, as a result, better security for the public at large.