FTC in no rush to regulate Internet of Things

From: FCW

By Chase Gunter

Addressing consumer privacy and security is a major topic facing the snowballing Internet of Things, but prescriptive regulations are not likely to come from the Federal Trade Commission, Commissioner Terrell McSweeny said Feb. 8 at an event sponsored by the U.S. Chamber of Commerce.

McSweeny said the biggest issue facing the Internet of Things — the catchall term for the increasing connectivity of devices such as cars, thermostats and cell phones — is “getting the balance right between protecting consumers and optimizing innovation.”

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