While the Internet of Things (IoT) has carved out a comfortable place for itself in today’s society and markets, many still fear that the interconnectivity-driven phenomenon is extraordinarily vulnerable to outside attacks. A number of U.S. Senators believe they may have a solution to the problem, and have put forward the Internet of Things Cybersecurity Improvement Act of 2017.
What are the exact details of the text of the bill, and how does it intend to secure one of the most diverse and unregulated assets of the economy? What potential pitfalls stand in the bills way, and how much of a chance does it have of becoming law? An analysis of the IoT Act reveals that it’s a healthy step in the right direction, but it may not be enough.