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As a free and open internet continues to come under assault by the FCC’s proposal to effectively end net neutrality, investors, programmers, and internet users of all stripes have vociferously voiced their support of the Internet of Things (IoT) and the open web that enables it. It appears those voices have been heard, as the U.S. Senate may be taking steps to secure the IoT’s future.
So, what exactly is the U.S. Senate up to, and how might its actions impact the health of the IoT? What are the specifics of the bill in question, and how might its text impact American’s everyday lives as they make use of the IoT?
A new bipartisan bill published Tuesday by Sen. Mark Warner (D-Va.) and Sen. Cory Gardner (R-Colo.), the Internet of Things Cybersecurity Improvement Act of 2017, hopes to beef up America’s internet security. The bill highlights the enormous complexity of the IoT and the huge benefits it provides to the American economy, but it also notes the fragility and vulnerability of the system to outside attacks.
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For decades, enterprises have relied on the public internet for business-critical SaaS applications and data traffic. The reason why is pretty simple: it’s cost-efficient, it’s easy to use and it’s already there. Compare that to the logistical, financial and implementation challenges of installing an alternative private network, and it’s clear why enterprises have been pretty content with the internet for their entire digital lives.
But, it’s 2017. And, if there’s one thing clear about the public internet today, it’s that it no longer cuts it. Rampant DDoS attacks and other cyber threats posed by hackers, rogue employees and nation-states have not just revealed the security, reliability and transparency cracks in the public internet — they’ve blown them wide open.
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While the Internet of Things (IoT) has carved out a comfortable place for itself in today’s society and markets, many still fear that the interconnectivity-driven phenomenon is extraordinarily vulnerable to outside attacks. A number of U.S. Senators believe they may have a solution to the problem, and have put forward the Internet of Things Cybersecurity Improvement Act of 2017.
What are the exact details of the text of the bill, and how does it intend to secure one of the most diverse and unregulated assets of the economy? What potential pitfalls stand in the bills way, and how much of a chance does it have of becoming law? An analysis of the IoT Act reveals that it’s a healthy step in the right direction, but it may not be enough.
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