ASIA
19 popular and as technology becomes commonplace in cars , it ’ s likely that liability will lie with the manufacturer .” As a result , survey respondents reported that they are increasingly being asked to take on more liability if an accident happens and can be traced back to their product or component .
In last year ’ s edition of the CMT Risk Study , two-thirds of respondents said they believed that emerging technologies will increase risk complexity in the next three to five years . One disruptive technology set to be a double- edged sword is IoT . Communications giant Ericsson forecasts that there will be around 29bn connected devices by 2022 , of which 18mn will be IoT-driven . From industrial IoT to connected cars and wearable technology , the possibilities for this innovation are endless – but so are the risks . Industrial IoT is creating impressive efficiencies in manufacturing operations but with unlimited connections , comes unlimited ways to fail . “ The biggest challenge , in my opinion , is that IoT is unbounded : it ’ s limitless in terms of the number of
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