Governments must proactively address issues created by the massive growth of the Internet of Things (IoT). US Federal Trade Commission (FTC) staff members raise concerns about privacy and security perils associated with the IoT. Their findings point to the futility of self-regulatory methods on the part of companies and call for the adoption of general privacy laws, which are less likely to inhibit innovation. getAbstract recommends this article to those seeking to reap maximum benefits from the IoT, including corporate leaders, innovators, policy makers and practitioners.
In this summary, you will learn
- How the benefits and perils of the Internet of Things (IoT) affect legislation making,
- How US Federal Trade Commission (FTC) staff members differ in their views about applying the Fair Information Practice Principles to the IoT space, and
- How the best practices suggested by the FTC can assure trust in the IoT.
About the Author
The US Federal Trade Commission was established in 1914 as an independent agency of the US government. Its principal mission is to promote competition and protect consumers.