This episode of the Technology Risk Podcast we focus on the Internet of Things (IoT) security for small and medium-sized businesses (SMBs). We detail IoT benefits like enhanced efficiency and improved customer experience, while highlighting significant risks such as security vulnerabilities and data privacy concerns. We provide practical steps for securing IoT devices and networks, including device management, network segmentation, and encryption, along with case studies illustrating both successful implementations and costly breaches. Finally, we explore future trends in IoT security and suggest tools and solutions for SMBs.