A view on privacy & trust in IoT

Internet of Things (IoT) technology is rapidly gaining popularity, not only in industrial and commercial environments, but also in our personal life by means of smart devices at home. Such devices often interconnect with cloud services that promise easy usage and global access. However, managing the balance between trust in the service provider and need for privacy of individuals becomes a major challenge considering automatic exchange of manifold personal information. In this paper, we propose a formal model that establishes a relation between information, privacy, as well as trust, and that automatically maps between these terms while maintaining user control.