The integration of Internet of Things (IoT) devices in engineering systems has revolutionized industries by enabling enhanced connectivity, automation, and real-time monitoring. However, as IoT systems proliferate, they face numerous cybersecurity challenges that threaten their reliability, privacy, and safety. This paper explores the various cybersecurity risks associated with IoT-based engineering systems and discusses potential solutions. Key concerns such as data breaches, unauthorized access, and the vulnerabilities of IoT devices are addressed. Additionally, the paper reviews existing cybersecurity frameworks, methodologies, and technologies that mitigate these risks, emphasizing the need for a comprehensive approach to safeguard IoT systems in engineering applications.