For Immediate Release:
SIIA Says an Overarching Regulation, Inflexible Mandates will Threaten the Social & Economic Potential of the Internet of Things
White Paper Released Today Examines Future of IoT; Offers Comprehensive Policy Recommendations
Washington D.C. (March 17, 2016) – The Software & Information Industry Association (SIIA), the principal association representing the software and digital content industries, today released a white paper with a comprehensive set of policy recommendations for the Internet of Things (IoT). SIIA calls on policymakers to avoid a singular, overarching regulatory framework, base privacy rights on actual risks that are weighed against social benefits, ensure product integrity and more.
SIIA’s white paper – Empowering the Internet of Things – provides an in-depth look at the technological, social and economic benefits and challenges facing IoT. It examines how data processing applied to the information flows from IoT will make many sectors of the economy more efficient and productive, including energy, agriculture, manufacturing, and healthcare. The paper issues a specific call to policymakers and regulators, providing a series of policy recommendations that will allow the full transformative benefits of IoT to be realized.
The full white paper is available here. Members of the media should contact Farrah Kim at (202) 568-8986 with any questions.
“IoT represents an entirely new ecosystem of devices and services that is driving economic opportunity and transforming healthcare, transportation, energy and more,” said SIIA Senior Vice President of Public Policy, Mark MacCarthy. “IoT cannot be defined by a specific tech development and so it should not be regulated in the same way we regulate autos or cell phones. We call on leaders to work closely with industry to consider IoT’s impact on privacy, intellectual property, economic opportunity and more. Addressing concerns through the enforcement of current laws and public-private collaboration offers the best hope for avoiding barriers that could limit the social and economic benefits of IoT.”
Empowering the Internet of Things presents a comprehensive series of public policy recommendations, outlined below.
1. Do not seek an overarching IoT Policy Framework. Existing laws have functioned effectively and provide substantial consumer protection, even in light of rapid technological innovation.
2. Privacy rights for the IoT should be based on risk and societal benefits. Public policies must balance principles of privacy against societal values such as public health, national security, economic growth, and the environment.
3. Encourage best practices for privacy and cybersecurity. In a dynamic technological environment, new regulations risk stifling burgeoning innovation – industry best practices and self-regulatory codes of conduct provide more flexibility to evolve and adapt over time.
4. Promote technology neutrality and avoid technology mandates. These principles are especially important in IoT’s complex ecosystem, which will be inherently subject to constant innovation.
5. IoT standards should be open and industry-led. Open standards are critical to combining a wide range of data sets across myriad analytics environments and applications; attempts to dictate interoperability could reduce the marketplace to a standardized set of products and services.
6. Policies for embedded software should provide for product integrity. Unrestricted ability to access and modify embedded software will threaten the reliability, safety and usability of IoT devices; product integrity is critical to the full development of the IoT’s potential.
SIIA is an umbrella association representing 800+ technology, data and media companies globally. Industry leaders work through SIIA’s divisions to address issues and challenges that impact their industry segments with the goal of driving innovation and growth for the industry and each member company. This is accomplished through in-person and online business development opportunities, peer networking, corporate education, intellectual property protection and government relations. For more information, visit siia.net.