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from the all-your-boink-detecting-mattresses-are-belong-to-us dept.
Arthur T Knackerbracket has found an interesting story over at The Register about regulating the security of IoT devices:
Washington DC think tank the Institute for Critical Infrastructure Technology is calling for regulation on "negligence" in the design of internet-of-things (IoT) devices.
Researchers James Scott and Drew Spaniel point out in their report Rise of the Machines: The Dyn Attack Was Just a Practice Run [PDF] that IoT represents a threat that is only beginning to be understood.
The pair say the risk that regulation could stifle market-making IoT innovation (like the WiFi cheater-detection mattress) is outweighed by the need to stop feeding Shodan.
"National IoT regulation and economic incentives that mandate security-by-design are worthwhile as best practices, but regulation development faces the challenge of ... security-by-design without stifling innovation, and remaining actionable, implementable and binding," Scott and Spaniel say.
[...] State level regulation would be "disastrous" to markets and consumers alike.
Does the ability of a company to make money now outweigh the security of our digital homes and devices?
(Score: 0) by Anonymous Coward on Monday December 12 2016, @05:18AM
For that shit little startup with the 'rockstars'. Who will do it? Who does the customer return it to if they ordered it right off the website that no longer exists?
(Score: 0) by Anonymous Coward on Monday December 12 2016, @02:41PM
Bingo! Bankruptcy or just simply going out of business is the get-out-of-jail-free loophole for all of these after the fact approaches. And don't even think of going after the principals, the entire point of incorporation is to shield the principals from liability. Piercing the corporate veil is technically possible, but almost never practical.