mandatory cybersecurity insurance for connected devices

[Editor Note IoTForum thinks these are mis directed atttempts. See FreshThinking ]

To create a level playing field on the table is the idea of mandatory cybersecurity insurance for connected devices as part of the plan to create incentives to improve security.

Infineon, Qualcomm-owned NXP, STMicroelectronics, and the EU Agency for Network and Information Security (ENISA) have released a joint proposal to introduce baseline cybersecurity for connected things.

The semiconductor makers agreed that a European scheme for IoT security certification and labelling should be evaluated by the European Commission (EC).

The EC should also encourage the development of “mandatory staged requirements” for IoT security and privacy through new European legislation, the organizations said in a position paper aimed at policy makers as Europe prepares to introduce new IoT cybersecurity laws.