As roles in privacy and cybersecurity are becoming increasingly interdependent, it's important industry professionals stay up to date with the overlaps between data protection and other security-related laws.
An article for the IAPP by Dr W Kuan Hon, Of Counsel in the Privacy & Cybersecurity group at the international law firm Dentons, highlights the expanding security requirements on those who manufacture, import or distribute connected devices. As you would expect, the legislative environment in the area is rapidly evolving and complex.
The EU has proposed Cyber Resilience Act, while the US is developing a new Cybersecurity Labeling Program for Smart Devices. However, the UK has beaten the EU to the punch with its Product Security and Telecommunications Infrastructure Act 2022 (PSTI), which comes into effect on 29 April 2024. Failure to adhere to the obligations outlined under Part 1 of PSTI includes a maximum of 4% fines, plus a maximum daily fine of £20,000. The article explains the PSTI obligations and offers practical steps about how to prepare.
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