Wiley Rein and US Chamber Report Urges Cross-Border Collaboration on IoT Security
The new report proposed key principles regulators can consider as they build out policy responses to emerging IoT technology.
September 29, 2017 at 11:25 AM
3 minute read
There has been a great deal of hype around the potential for internet of things (IoT) sensors and devices to revolutionize various processes from major corporate fleet management down to refrigerator temperature. But underneath the buzz, there are still a lot of questions about where exactly IoT technology will find its place in the market, leaving government regulators with the tough task of figuring out what policy to put in place around it.
A report co-produced by Wiley Rein and the US Chamber of Commerce floated ten potential principles for regulators to consider as they look towards potential regulatory frameworks governing IoT cybersecurity. The report calls for a flexible, data-driven, broad-scoped policy, and it also pushes regulators to prioritize geopolitical cooperation around IoT security measures.
Megan Brown, partner at Wiley Rein and a co-author on the report, explained that the principles set forth in the report are intended to help regulators balance both support and consumer protection on the market.
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