The Internet of Things (IoT) encompasses a broad range of interrelated, internet-connected devices that can gather and transfer data over a network without human intervention. It merges our digital and physical universe and is fast becoming a consumer expectation to any regular device or appliance. As the world gets increasingly connected through the Internet, and the demand for smart technologies increases, the costs to manufacture products with Wi-Fi capabilities and built-in sensors are now lower with the mass manufacturing of such technologies.
The increased use of smart technologies means convenience for the new-age consumer, but this also opens the gateway to cyber security threats. Reports of growing numbers of cyber breaches are on the rise as every connected network is only as secure as its least secured device on the system.
The responsibility to uphold security standards of connected devices falls on the manufacturers. This white paper addresses the major cyber security regulations that apply to smart device manufacturers, brand owners, retailers, or solution providers for the Consumer Internet of Things (CIoT) industry.
Bosnia and Herzegovina