UK government launches fund to boost smart device security

It's estimated that there could be as many as 75 billion connected devices worldwide by 2025, but the increased popularity of 'smart' equipment comes with risk as many products currently on sale lack basic cybersecurity. In response to this threat the UK's Department for Digital, Culture, Media and Sport is launching a £400,000 ($490,000) fund for innovators to design schemes to boost the security of internet-connected products. The fund aims to support the development of market of assurance schemes for consumer smart products. Assurance schemes demonstrate that a device has undergone independent testing or a robust and accredited self-assessment process.… [Continue Reading]