Due to the widespread use of the Internet of Things (IoT), organizations should concentrate their efforts on system security. Any vulnerability could lead to a system failure or cyberattack, which would have a large-scale impact. IoT security is a protection strategy and defense mechanism that protects against the possibility of cyberattacks that specifically target physically linked IoT devices. IoT security teams are currently dealing with growing difficulties, such as inventories, operations, diversity, ownership, data volume, threats, etc. This review examines research on security and IoT with a focus on the situation, applications, and issues of the present as well as the potential for the future. IoT network security has received greater attention from interdisciplinary and geographically scattered researchers in recent years. Data integrity, secrecy, authentication, and authorization should be guaranteed due to the large amount of data that flows across network devices. However, the area of IoT security still has a lot of room for growth.