What is the significance of threat modeling in IoT security?

Threat modeling is a systematic approach to identifying and mitigating security threats in IoT (Internet of Things) devices and systems. By conducting threat modeling, developers can outline potential vulnerabilities, anticipate attack scenarios, and prioritize security measures to address these risks effectively. The process involves analyzing the system architecture, identifying possible threats, determining likely attackers and their motivations, and designing appropriate countermeasures to enhance the overall security posture of the IoT deployment. Threat modeling helps in proactively securing IoT solutions and ensuring that robust security measures are integrated into the design and development process from the outset.