The world is quickly preparing for the attack of objects connected wirelessly to the internet, otherwise known as the Internet of Things (“IoT”).
IoT is defined online as: “the network of physical objects or “things” embedded with electronics, software, sensors and connectivity to enable it to achieve greater value and service by exchanging data with the manufacturer, operator and/or other connected devices. Each thing is uniquely identifiable through its embedded computing system but is able to interoperate within the existing Internet infrastructure.”
IoT is quickly evolving into something and it will revolutionize how both individuals and corporations interact with the world. The question remains can we identify, control and contain all of the known legal risks and challenges presented by the Internet of Things? Quite clearly, inventors, entrepreneurs, device and products manufacturers and the enterprise are going to have to deal with all of the privacy and security legal issues in order to leverage IoT, maximize profits and move the world into this new wireless connected reality.
IoT Privacy, Security and Legal Risks
Companies, whether they are manufacturers, third parties or licensees that build, sell, employ, license or depend on IoT devices need to fully understand the privacy, security and legal implications that this new technology presents and how to reduce their risks when users are trusting that the technology won’t fail them and compromise their personal data. While the full potential of IoT cannot be fully determined in the present time, those in the know are very concerned that the mass proliferation of IoT devices without well thought out implemented security and privacy measures will result in legal risks and liability for those responsible for developing, manufacturing and licensing of IoT devices, products, applications and solutions.
- Privacy Concerns. The connectivity of IoT devices, objects and products produces tons of data. And, with all of this data being created comes the collection of that data. Companies, some good and bad realize just how valuable this data can be and that the data itself might be more valuable for monetization and profit purposes than the devices. This all widens the scope and the risk of liability, cyber attacks, misappropriation and mis-use of consumer user personal data and information. IoT Security is a growing concern as the Internet of Things becomes more and more in the mainstream and the complex liability issues associated with IoT become a priority for businesses. (IoT) is creating new entry points for hackers and potential cybersecurity threats because with these new internet connected devices also comes the availability of spots along the chain for someone or some entity to hack into the services or software. When IoT is fully implemented, the different types and amounts of potentially personal or private information available to third parties is going to be huge and ultimately poses risks for users as well as companies seeking to collect, store, transmit and use that information.
- Security. As IoT devices and objects start to become an ubiquitous part of our lives seem less in every way security issues will grow right along side the dependence of this new technology. Analogous to the growth of mobile application platforms, IoT platforms and ecosytems by their very design will likely permit hackers to exploit common vulnerabilities of one IoT device platform across many different classes of IoT devices and objects.
Please call Andrew S. Bosin, Esq. for a free IoT privacy, security and data protection legal consultation at 201-446-9643.
www.njbusiness-attorney.com | email@example.com
Andrew is located in New Jersey just outside of New York City and has a nationwide Internet of Things (IoT) Technology Law Firm serving clients in the United States, Europe, New Jersey, New York, Buffalo, Queens, Manhattan, New York City, Westchester County, Islip, Oyster Bay, Rochester, Utica, New Rochelle, Tonawanda, White Plains, Binghamton, Saratoga Springs, Rockland County, Brooklyn, Long Island, Albany, Syracuse, Suffolk County, Nassau County, Bronx, Staten Island, Allentown, Scranton, Lancaster, Harrisburg, State College, College Station, Boston, Hartford, Providence, Connecticut, Atlanta, Chicago, Washington D.C., Dallas, Florida, Ohio, California, Austin, Texas, Maryland, North Carolina, Massachusetts, Colorado, Utah, Oregon, San Antonio, Austin, San Diego, Los Angeles, Silicon Valley, San Francisco, Houston, Salt Lake City, Toledo, Akron, Dayton, Provo, Portland, San Jose, Miami, Tampa, St. Petersburg, Ft. Lauderdale, West Palm Beach, Broward County, Dade County, Newark, Delaware, College Park, MD, Cook County, Phoenix, Denver, Boulder, Ft. Collins, Nashville, Memphis, Kansas City, Raleigh, Charlotte, Indianapolis, Boise, Eugene, Manchester, Burlington, Philadelphia, Pittsburgh, Pennsylvania, Vermont, Rhode Island, Boca Raton, Arlington, Virginia, Alexandria, Virginia, Reston, McLean, Cambridge, Quincy, Riverside, San Bernadino, Minneapolis, St. Louis, Cleveland, Columbus, Baltimore, Sacramento, Cincinnati, Orlando, Las Vegas, Round Rock, San Marcos, Louisville, Richmond, Tempe, Southbend, Bloomington, Knoxville, Oxford, Tuscon, Long Beach, Ames, Ft. Collins, Lawrence, Blacksburg, Charlottesville, Champaign, Oklahoma City, Birmingham, Salt Lake City, Baltimore, Mobile, Alabama, Utah, Washington, Seattle, Oregon, Portland, Eugene, Sacramento, Pittsburgh, Wake County, King County, Redmond, Kirkland, Bellevue, San Mateo County, Contra Costa County, Cupertino, Los Gatos, Sunnyvale, Mecklenburg County, Jacksonville, Gainesville, Boynton Beach, Orange County, Palo Alto, Harris County, Waco, Columbia, Missouri, Tarrant County, Bucks County, Lehigh County, Bethlehem, Pennsylvania, Burlington, Portland, Maine, Manchester, Concord, Nashua, Cambridge, London, Paris, UK, England, Dublin, Scotland, Edinborough, Amsterdam, Germany, Munich, Berlin, Madrid, EU, European Union, Spain, Austria, Vienna, Geneva.