Bid to close hole in cy­ber se­cu­rity

The Star Early Edition - - BUSINESS REPORT INTERNATIONAL -

A BI­PAR­TI­SAN group of US sen­a­tors yes­ter­day set plans in mo­tion to in­tro­duce leg­is­la­tion seek­ing to ad­dress vul­ner­a­bil­i­ties in com­put­ing de­vices em­bed­ded in ev­ery­day ob­jects – known as the “in­ter­net of things” – which ex­perts have long warned pose a threat to global cy­ber se­cu­rity. The new bill would re­quire that ven­dors who pro­vide in­ter­net-con­nected equip­ment to Wash­ing­ton to en­sure their prod­ucts are patch­able and con­form to se­cu­rity stan­dards do so. Repub­li­cans Cory Gard­ner and Steve Daines and Democrats Mark Warner and Ron Wy­den are spon­sor­ing the bill. A Se­nate aide said com­pan­ion leg­is­la­tion was ex­pected soon. Warner said it was in­tended to rem­edy an “ob­vi­ous mar­ket fail­ure” that has left de­vice man­u­fac­tur­ers with lit­tle in­cen­tive to build with se­cu­rity in mind. – Reuters

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