This report analyzes the potential threats and vulnerabilities associated with implementing Internet of Things (IoT) applications in Gigantic Corporation. It identifies key risks, such as data theft, system failures, and cyberattacks, and provides recommendations for mitigating these risks. The report utilizes various risk assessment techniques, including interviews, brainstorming, and SWOT analysis, to identify vulnerabilities and threats. It also employs tools like probability and impact matrices to evaluate the severity of risks. The report concludes with a set of actionable recommendations for Gigantic Corporation to enhance its IT infrastructure security and protect its valuable data.