Policy makers, academics, and innovators came together last week to discuss Security, Privacy and the IoT: A Policy Perspective at the second annual Security of Things forum in Cambridge, Mass. 90 percent of connected devices are collecting personal information and 70 percent of that information flows over unencrypted networks. For larger companies, the idea of pushing through patches might not be an economic burden, but for startups or smaller developers that find vulnerabilities can be costly. For the FTC, the trick to creating policy is that they have to take an approach that allows for continued development and invention but also provides for the security of data and privacy.”]
Source: https://www.csoonline.com/article/2983853/ftc-says-data-and-privacy-are-top-security-concerns.html