Privacy and Security in the Internet of Things: challenge or opportunity?
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This article was produced by Olswang LLP, which joined with CMS on 1 May 2017.
Consumers' fear of potentially intrusive new technologies is one of the main barriers to the adoption of the Internet of Things.
Regulators are starting to get to grips with the issue. For example, EU data protection regulators in the Article 29 Working Party recently issued guidance on how to embed privacy compliance at every stage of the IoT value chain.
In this article, Blanca Escribano, TMT Parter at Olswang Spain LLP, considers the key privacy and security challenges posed by a connected world, and analyses the latest best practice for suppliers - from device manufacturers through to app developers and providers of operating systems.
Stakeholders who can demonstrate privacy compliance and ethical practices will be best placed to win consumers' trust and gain competitive advantage in this brave new and connected world.