IoT Cyber Bill Clears Congress — What's Next for Industry Players?

Long awaited legislation is seen as a springboard to widespread adoption of standards across the booming connected devices industry.

This article originally appeared on Cybersecurity Dive, December 3, 2020 by David Jones

A multiyear effort to raise cybersecurity standards in the IoT industry is on the horizon following passage of a comprehensive bill last month that will establish uniform standards for companies operating in the federal market.

Backers of the bill have sought to use the federal cybersecurity baseline to impact the broader enterprise and consumer markets for IoT devices, in a similar way that the EnergyStar rating has impacted wider energy efficiency standards.

"While more and more products and even household appliances today have software functionality and internet connectivity, too few incorporate even basic safeguards and protections, posing a real risk to individual and national security," Sen. Mark Warner, D-VA, said in a statement. "The IoT Cybersecurity Improvement Act — now to be law — leverages the purchasing power of the federal government to establish some minimum security standards for IoT devices."

Read the full article HERE.

At the end of the day a lot of it comes down to the risk or liability associated with the product, or loss of brand or the risk to the customer.

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