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NXP - 7 Experts Discuss Managing Security Risk and Regulatory Compliance at the Edge

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C h a p t e r 1 | T h e N e e d f o r S e c u r i t y a n d C o m p l i a n c e Initially, many manufacturers focused primarily on bringing edge and IoT products to market quickly, often neglecting comprehensive security measures in favor of cost and time efficiency. Manufacturers viewed security as an additional expense that could delay product launches, and the true costs of weak security were not yet apparent. However, as high-profile attacks on critical infrastructure and manufacturing plants demonstrated the potential damage of inadequate security, the regulatory landscape shifted. Governments around the world recognized that securing edge devices is not just a company-level concern but also a societal one, as the ripple effects of breaches can affect public safety, critical services, and entire industries. One prominent example of this shift is the European Union's Cyber Resilience Act, which mandates that manufacturers must implement security measures for connected devices and systems. In the United States, the Cyber Trust Mark program, while currently voluntary, encourages companies to invest in security measures by providing certification for consumer products that meet specific security criteria. For the consumer, a label/logo will be available on compliant devices, allowing more informed decision-making when purchasing products to bring into their homes. For manufacturers, noncompliance with these regulations can impact their market access and result in steep financial penalties, expensive product recalls, and long-term reputational damage. The risks are now too significant to ignore, as organizations that fail to comply with security legislation may lose access to key markets or face lawsuits from customers or governments for failing to secure their devices. Ali Akbar Pammu Team Lead, Consulting And Engineering, PCSO, Continental The most notable security risks associated with edge computing include data breaches from decentralized data storage, inadequate device authentication, and vulnerabilities from increased attack surfaces." 8 7 Experts Discuss Managing Security Risk and Regulatory Compliance at the Edge

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