This report provides an IT risk assessment of the Internet of Things (IoT) for Gigantic Corporation, focusing on enhancing business activities through secure IoT implementation. It identifies potential risks, threats, and vulnerabilities associated with IoT systems and proposes mitigation strategies involving firewalls, vulnerability scanners, and detection systems. The assessment covers key threat agents and emphasizes the importance of authentication measures, security, and privacy. It also addresses software and hardware considerations for IoT device operation and recommends continuous monitoring, system updates, and disaster recovery planning. The report aims to assist Gigantic Corporation in making informed decisions about IoT adoption, ensuring secure and efficient operations. Desklib offers similar reports and solved assignments for students.