The Internet of Things (IoT) is poised to generate the next economic big bang. But the expected boom will go bust if people worry about losing their privacy in the IoT ecosystem. The time is right for the stakeholders who stand to gain billions from the IoT to rally behind a common privacy standard that earns user trust. Gartner said cybersecurity and privacy concerns are the main obstacles to IoT adoption. A January report by the U.S. Federal Trade Commission enumerated the risks of a standard-less IoT.”]
Source: https://www.csoonline.com/article/3010531/a-privacy-standard-for-internet-of-things-suppliers.html