The Internet of Things is continuing to take center stage in the tech world and is a game-changing moment in our relationship with technology and personal data. But with all the excitement surrounding connected homes, fitness trackers and smart watches, there are still many challenges facing the industry. As Edith Ramirez, chairwoman of the Federal Trade Commission, highlighted at CES this week the trend toward having so many things constantly connected to the Internet presents serious risks that start-ups and big companies need to take seriously. Research shows that concerns surrounding the privacy and security of the personal data collected through these devices could be an obstacle for the growth of this industry
With 35% of Americans now owning a smart device other than a phone, the Internet of Things is now an everyday reality. However, few best practices currently exist for providing consumers with transparency and choice in how their data is being used.
The first Internet of Things Privacy Summit in 2014 #IoTPrivacy brought together 26 speakers and over 200 experts including regulators, privacy professionals and IoT experts to define the privacy needs of the new interconnected world and scope out the next generation of solutions. Across eight sessions the group reviewed the latest research, use cases and debated the adequacy of current regulations and whether a new privacy model was needed for connected devices.