This report presents a research proposal focused on the security challenges within the Internet of Things (IoT). The study investigates the fundamental concepts of IoT, its significance for businesses, and the various security threats and risks associated with IoT devices and networks. The research employs a qualitative design, inductive approach, and content analysis method to analyze secondary data from literature reviews. The literature review highlights that security, particularly DDOS and malware attacks, is a major concern in IoT networks. The research methodology includes the use of interpretivism philosophy and inductive research approach to enhance the quality of the investigation. The report concludes by emphasizing the importance of using secure networks and proper configuration processes to mitigate security threats, which are critical for businesses leveraging IoT technology. The research aims to understand IoT, assess its significance, and identify security threats, offering insights into securing IoT devices and networks.