This document discusses security issues surrounding the Internet of Things (IoT). It begins with an introduction to IoT, describing how everyday devices are becoming interconnected. It then discusses some key security challenges for IoT, including limitations of IoT hardware and software, network issues, and different types of attacks. The document analyzes the components of an IoT network and how they work together. It identifies specific security problems related to hardware limitations, software limitations, networks, and protocols. Finally, it outlines security requirements for IoT and concludes that further research is still needed to address open security challenges.