The Internet of Things
Digitalization and Compliance
The term Internet of Things (IoT) refers to the connection of physical devices to the internet, from everyday objects like your fridge or home thermostat to industrial things like supply-chain sensors or geofencing (monitoring of digital geographical borders). Things, or devices, are embedded with electronics, internet connectivity and other necessary forms of hardware (e.g. sensors) to enable them to communicate and interact with other devices via the internet allowing users and systems to remotely monitor and control these devices.
The convergence of multiple technologies like artificial intelligence, embedded systems, real-time analytics, commodity sensors, and machine learning has shaped IoT. Further traditional fields of wireless sensor networks, embedded systems, automation (e.g. building and home automation), and more contributed to the enablement of IoT. IoT devices support one ore multiple common ecosystems and can be controlled via the individuals master device or any other device of this environment with sufficient admin rights and processing capabilities (most commonly smartphones or tablets). Regarding the individual or consumer, IoT technology has seen its most common applications in the concept of a “smart home”, which covers devices and appliances like the aforementioned fridge and thermostat as well as home security systems, cameras or smart lighting.
IoT most commonly struggles with criticism pertaining to privacy and security. This is especially pertinent due to the constant pervasive presence of IoT devices and the simultaneous collecting of often sensitive information. If the data is stolen or tampered with there could be economic or personal implications for individuals and organizations.
If data that is public is being changed maliciously, it could have legal consequences. Also the theft of data may breach system security or reveal information not intended for the general public.
Governments responded to the increasing degree of digitalization and have introduced several regulations to ensure individuals privacy and restrict organizations from leveraging information in their favor while effecting individuals negatively
Read the whole white paper about “The Internet of Things – Digitalization and Compliance” here.