The Security Industry Association (SIA) has announced that it will continue to show its support for the bipartisan Developing and Growing the Internet of Things (DIGIT) Act.
The DIGIT Act would organise a working group of federal entities that would consult with private sector stakeholders to provide recommendations to the Congress. These recommendations would work on the planning and growth of the Internet of Things (IoT) in the United States.
The DIGIT Act would provide input from private sector experts and prevent potential problems, such as regulatory silos. The bill also directs the Federal Communications Commission (FCC) to initiate a proceeding assessing the spectrum needs required for IoT support.
The DIGIT Act was reintroduced in the Senate by the Internet of Things working group consisting Senator Deb Fischer (R-Neb.), Cory Booker (D-N.J.), Cory Gardner (R-Colo.), and Brian Schatz (D-Hawaii). Senator Fischer is the chief sponsor of the Bill who again recognized SIA as a key supporting organisation in a press release.
Don Erickson, CEO of SIA, said: “SIA is encouraged by the reintroduction of this important legislation, which would deal with a wide range of IoT issues. Congress can do a lot of good by acting to ensure privacy and security in the face of rapidly expanding IoT technologies. In the private sector, the security industry should have a seat at the table as federal agencies devise strategies for protecting users of IoT devices.”
Studies have shown that the IoT has the potential to economically contribute up to $ 11 trillion every year by 2025, globally.