The future explosion in e-commerce connectivity of all manner of electronic devices, sensors, and consumer products — known as the Internet of Things — will pose a major challenge to ensure that IoT data is secure and that personal privacy is protected. The global “installed and connected base” of IoT units will reach approximately 30 billion in 2020, noted IDC in a November 2014 report. Yet now is not the time to enact privacy or security laws aimed directly at the impact of the IoT, the U.S. Federal Trade Commission says.
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FTC Argues Against IoT Law, For Now
Posted by: John K. Higgins February 5, 2015 10:28 AMThe future explosion in e-commerce connectivity of all manner of electronic devices, sensors, and consumer products — known as the Internet of Things — will pose a major challenge to ensure that IoT data is secure and that personal privacy is protected. The global “installed and connected base” of IoT units will reach approximately 30 billion in 2020, noted IDC in a November 2014 report. Yet now is not the time to enact privacy or security laws aimed directly at the impact of the IoT, the U.S. Federal Trade Commission says.