The digitization of our society and our economy has led to a dependency on information and communication technologies and thus to serious risks related to our cyber security. Until recently risks were, in general, restricted to information security, network security and application security ensuring the confidentiality, the availability and the integrity of data, but with the Internet-of-Things (IoT) we are seamlessly connecting the cyber and the physical worlds extending the risk area to safety requiring a broader perspective on security. IoT is turning out to be one of the weakest spots in our infrastructure. With billions and in the near future potentially trillions of devices, the security risks are growing at great rates. Our economic and societal forces are creating a perfect storm, a pervasive infrastructure of trillions of IoT devices which on one hand will oversee our lives and economy, and on the other hand will be completely unmanageable from a security perspective.