FTC Officials Worried About Downside of Internet of Things

From: re/code

By Amy Schatz

Connected home devices or cars, health trackers and other wearables can be useful tools for consumers, but the collection of personal data by the devices has some regulators worried.

Federal Trade Commission Chairwoman Edith Ramirez on Tuesday raised concerns about potential abuse of private user information during a session at CES, saying companies need to do more to develop products that protect consumer privacy and data.

“In the not too distant future, many, if not most, aspects of our everyday lives will be digitally observed and stored,” Ramirez said during an afternoon panel.

Those connected devices are also “collecting, transmitting, storing and often sharing vast amounts of consumer data, some of it highly personal, and thereby creating significant privacy risks,” she said.

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