Givaudan Schweiz AG
Internet of Things
Report

Internet of Things

Privacy & Security in a Connected World.

Federal Trade Commission
Federal Trade Commission, 2015
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Editorial Rating

8

Qualities

  • Innovative

Recommendation

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.

Summary

The Internet of Things (IoT) refers to the online connectivity of devices with the ability to send and receive data over the Internet. Telephones, home appliances, cars, watches and many more everyday objects are increasingly becoming “smart.” Experts believe that by the end of 2015, 25 billion devices will be connected to the Internet and that, by 2020, the number could grow to 50 billion. The benefits affect almost all domains, including health care, business and household activities. However, unauthorized data gathered via IoT sensors creates confidentiality issues. Submitting...

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.

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