ECONOMY & WORK
MONEY 101
NEWS
PERSONAL FINANCE
NET WORTH
About Us Contact Us Privacy Policy Terms of Use DMCA Opt-out of personalized ads
© Copyright 2023 Market Realist. Market Realist is a registered trademark. All Rights Reserved. People may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.
MARKETREALIST.COM / NEWS

This New Cybersecurity Label Tells You if Your Gadget Can Be Hacked Easily

Set to launch in 2024, the Cyber Trust Mark, designed as a shield with a microchip will indicate if a device meets specific cybersecurity criteria.
UPDATED AUG 24, 2023
Cover Image Source: Pexels/ Ekaterina Bolovtsova
Cover Image Source: Pexels/ Ekaterina Bolovtsova

In a world where everything from baby monitors to household appliances is becoming 'smart' and interconnected, the need for robust cybersecurity measures is more critical than ever. Unfortunately, many Internet of Things (IoT) devices lack even basic protections against hacking, leaving users vulnerable to cyberattacks. The U.S. government has taken a significant step towards improving IoT security by introducing the U.S. Cyber Trust Mark, a label that will indicate whether a device is equipped with proper cybersecurity measures, per Vox. How will this initiative impact the safety of our connected gadgets?

Image Source: Pexels/ clark cruz
Image Source: clark cruz/Pexels

Over the years, the IoT has increasingly become a target for cyberattacks due to the proliferation of vulnerable devices and the lack of adequate security measures. Cybersecurity experts have raised concerns about this growing threat and the numbers back up their worries. According to Check Point Software, a cybersecurity provider and researcher, the number of cyberattacks through IoT devices has seen a significant surge in recent years.

To address the cybersecurity challenges posed by IoT devices, President Biden issued an executive order in May 2021 aimed at improving the nation's cybersecurity. Buried within this order was a call for the development of a consumer labeling program for IoT devices. The program would help users identify which products have proper cybersecurity protections.

Image Source: Pexels/Drew Williams
Image Source: Drew Williams/Pexels

The Cyber Trust Mark, designed as a shield with a microchip, is set to be launched in 2024. This label will indicate that a device meets specific cybersecurity criteria. While some details of the program are still being finalized, certain features can be expected such as secured data transmissions, access controls, software updates, user-controlled passwords, and data deletion.

Although the Cyber Trust Mark is a voluntary program, several major companies have already pledged their support, including Amazon, Best Buy, LG, Samsung, Qualcomm, Logitech, and Google. The presence of this label on IoT devices could become a significant factor for consumers in their buying decisions. While some experts advocate for mandatory regulations for IoT products, the label is seen as a crucial first step in encouraging informed purchasing decisions.

Despite its potential benefits, the Cyber Trust Mark faces certain challenges. One concern is that labeled devices might be sold at a premium due to increased cybersecurity costs, potentially leading consumers to choose cheaper, unlabeled alternatives. Additionally, the label won't apply to devices that pre-date the program, leaving many older devices in homes without this certification.

Pixabay | Pexels
Image Source: Pixabay/Pexels

The introduction of the Cyber Trust Mark marks a pivotal moment in the ongoing battle to secure the IoT landscape. While it won't be an overnight solution, it could ignite healthy competition among manufacturers to prioritize cybersecurity and privacy for consumers. The label's success will depend on effective implementation, consumer adoption, and continued efforts to educate users about digital security.

Although the Cyber Trust Mark will be launched next year, it is just the beginning of a longer journey toward achieving a safer IoT ecosystem. As cyber threats continue to evolve, the government, businesses, and consumers must remain vigilant in upholding cybersecurity standards and fostering a secure and trustworthy IoT environment.

MORE ON MARKET REALIST
While Toni Perrotta didn't land on the big prize, she got to drive home a Toyota sports car
1 day ago
The Turkey Dinner Kit has got rave reviews from customers on social media already.
1 day ago
The contestant, Liz St. Claire got close to taking home nearly $75,000.
2 days ago
The contestant, Emily bet $10,000 on the item and ended up losing everything.
2 days ago
Members on Instagram called out the retailer for the exorbitant prices of seafood.
2 days ago
While the trend in consumers isn't that alarming, the same for businesses can trigger harm.
2 days ago
With the average gas price falling to a record low of $3.02 per gallon, millions are taking to the road.
3 days ago
Harvey made it clear why he won't be seen at a T-Swift concert with one of his friends.
3 days ago
The player, Tanequa Ward looked set to win the big prize at a point.
3 days ago
CEO Ted Decker claimed the decline in demand for home improvements will likely continue through 2025.
3 days ago
A post on Reddit sparked concerns as a member claimed the retailer had completely moved to the app.
3 days ago
The contestant, Melissa Mosel got a raw deal with her category choice and letter picks.
4 days ago
Both McMillion and John Furner, the next CEO of Walmart, touted the retailer's success with AI.
4 days ago
A single batch of Jeni's Splendid Ice Cream bars contain undeclared allergens in them.
7 days ago
With rising food, energy, and healthcare costs, state leaders are calling out the trade policies.
Nov 20, 2025
Harvey said it in response to another player who came up with an awkward answer.
Nov 20, 2025
The player, Greg Swiszcz lost a Toyota on a puzzle that previously cost a player $100,000.
Nov 20, 2025
John Furner, who serves as the Walmart US CEO will be tasked with leading an AI push at Walmart.
Nov 19, 2025
The contestant Matt Lee drove home a brand new Toyota RAV4 Hybrid after his big win.
Nov 19, 2025