It is safe to say that the connected industry will not self-regulate and take the necessary security measures when developing new IoT products. As more of our lives come under the control of machines, the negative impact of security flaws increases. Small steps to regulate the IoT industry have been taken on most continents, but without any meaningful impact on the industry. All new regulations have come with recommendations, not hard requirements. If industries turn a blind eye to soft regulations, what options exist?
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