Regulatory Challenges of the Internet of Things

Abstract

Despite being a rather new phenomenon, the Internet of Things is already powering a fast-growing market of “smart” objects that are able to collect and assess huge amounts of data. This article outlines which regulatory challenges policy-makers have to overcome to ensure a sufficient protection of individuals and their data while still fostering innovation and competition in this sector. This involves more than a re-modelling of existing regulations. It requires new policies that go hand in hand with the new technology