Why IoT company boards must treat cybersecurity as a core fiduciary duty. Any oversight is no longer optional in today's risk-driven regulatory landscape

In the competitive world of IoT, CEOs and CFOs often view cybersecurity through the narrow lens of cost—the expense of compliance, audits, and security teams. This perspective is outdated, especially as connected devices become integral to customers’ lives and businesses.

The European Union has taken decisive action to address cybersecurity issues by introducing new regulations like the Radio Equipment Directive (RED) and the Cyber Resilience Act (CRA). We are proud to be supported by the European Union in developing our innovative technology further.

The goal is to develop a product prototype that is easy to use and allows users to self-assess their product’s compliance with the security standards and regulations. The grant empowers us to further our mission of protecting customers and society from cyber incidents by making IoT cybersecurity testing easy and automated.