Listed below are the key regulatory trends impacting the Internet of Things (IoT) theme, as identified by GlobalData.
There are widespread fears around data privacy and the possibility of malicious attacks that can disrupt critical operations of businesses.
IoT regulation
The rapid growth of the IoT market has raised several security concerns, which typically revolve around the lack of regulation and the lack of common IoT standards. Legislation covering IoT security remains a fragmented patchwork of laws.
Governments have started to focus on this issue as IoT deployments grow, with new governance measures gaining traction. In May 2020, the US’s National Institute of Standards and Technology (NIST) released the Foundational Cybersecurity Activities for IoT Device Manufacturers guidelines. Similarly, the European Telecommunications Standards Institute (ETSI) has released a technical specification guide on Cyber Security for the Consumer IoT segment, which outlines leading security practices for consumer IoT devices.
Continue reading: https://www.power-technology.com/comment/internet-of-things-iot-regulatory-trends/
There are widespread fears around data privacy and the possibility of malicious attacks that can disrupt critical operations of businesses.
IoT regulation
The rapid growth of the IoT market has raised several security concerns, which typically revolve around the lack of regulation and the lack of common IoT standards. Legislation covering IoT security remains a fragmented patchwork of laws.
Governments have started to focus on this issue as IoT deployments grow, with new governance measures gaining traction. In May 2020, the US’s National Institute of Standards and Technology (NIST) released the Foundational Cybersecurity Activities for IoT Device Manufacturers guidelines. Similarly, the European Telecommunications Standards Institute (ETSI) has released a technical specification guide on Cyber Security for the Consumer IoT segment, which outlines leading security practices for consumer IoT devices.
Continue reading: https://www.power-technology.com/comment/internet-of-things-iot-regulatory-trends/
