• Cyber Security Meets Product Liability
  • April 27, 2017 | Author: Melody McAnally
  • Law Firm: Butler Snow LLP - Memphis Office
  • More and more products are becoming part of the “Internet of Things” (“IoT”) - products that connect, store or transmit information via the Internet. Experts estimate that by 2020 there will be 50 billion IoT devices. Cars. TVs. Cameras. Home alarms. Baby monitors. Medical devices. Like all technologies, there are benefits and risks. It has become more and more apparent that all IoT products can suffer a cyber-attack. Remember that hackers have a variety of motives. Damage to reputation. Competitive advantage, particularly with nation states. Embezzlement. Theft of trade secrets and IP.