ao link
Business Reporter
Business Reporter
Business Reporter
Search Business Report
My Account
Remember Login
My Account
Remember Login

The PSTI Act: compliance and consumer safety

Linked InTwitterFacebook

Matthew Hayman at KYOCERA Document Solutions UK asks what the PSTI Act means for businesses

 

The countdown is on for businesses involved in the supply chains of ’relevant connectable products’ in the UK: products that can be connected to the internet or other devices, such as smart appliances, wearables, and IoT devices.

 

With the impending enforcement of the Product Security and Telecommunications Infrastructure (PSTI) Act on 29 April 2024, it’s crucial for organisations to understand both the legal requirements and practical implications of the new act, and to make any last-minute preparations where required.

 

Understanding PSTI obligations

As the PSTI Act comes into effect, it brings new responsibilities and obligations for businesses operating under its scope. This legislation presents a pivotal moment in product security which businesses must account for, particularly within the Internet of Things (IoT) ecosystem.

 

These products comprise a vast array of items, from the smallest smart home devices to the emerging IoT integrations within household appliances. As a result, businesses must continuously update their understanding of what constitutes such a product to stay ahead of regulatory changes. Ongoing education and collaboration within the industry are therefore needed to ensure consistent compliance.

 

For businesses adhering to the act, compliance isn’t just a legal formality; it’s a fundamental step-change in ensuring the security and safety of consumers. Manufacturers bear the primary responsibility for implementing unique passwords and establishing a clear point of contact for reporting security issues.

 

However, importers and distributors also play a crucial role in ensuring that compliant products reach consumers. Furthermore, compliance entails a proactive approach to risk management, where businesses must anticipate potential vulnerabilities and implement robust measures to mitigate them effectively.

 

This stance goes beyond meeting regulatory standards; it’s dedicated to preserving consumers’ trust and confidence in connected products.

 

Emphasising transparency

Increased transparency is an important factor behind the PSTI Act, with greater emphasis on clear communication towards the consumer.

 

The act mandates that all in-scope connected devices have publicly available information on how long they will be supported for in terms of software updates and security updates, as well as an accompanying statement of compliance.

 

This heightened level of transparency not only increases consumer awareness but also presents an opportunity to build (or potentially destroys) trust with brands, manufacturers and products.

 

The dangers of non-compliance

Failure to comply with these requirements can have serious repercussions, including reputational damage and legal penalties. Non-compliance not only exposes businesses to significant financial liabilities but also erodes client loyalty. Therefore, organisations must take their responsibilities seriously and ensure compliance to protect themselves from legal sanctions and public backlash.

 

Whilst this legislation is unique in the UK, compliance should be viewed as an ongoing journey, especially with this increased focus likely leading to further obligations being placed on business, whether as statute or best practice. Using the PSTI Act as springboard for further consumer-centric development in security will bring mutual benefits as consumers return to brands they can trust.

 

Prioritising understanding

As the deadline for compliance with the PSTI Act looms closer, businesses need to prioritise understanding and fulfilling their obligations under the legislation if they have not already done so. Beyond simply avoiding legal consequences, compliance represents a commitment to consumer welfare and trust. 

 

Organisations must allocate adequate resources and expertise to navigate the complexities of the regulatory landscape effectively and embrace the principles embedded within the act. This includes increasing awareness and understanding the needs and expectations of stakeholders.

 

Complying with the PSTI Act isn’t about ticking boxes; it’s about safeguarding the future of the business and ensuring consumer safety in an increasingly connected world.

 


 

Matthew Hayman is Head of Governance and Standards at KYOCERA Document Solutions UK

 

Main image courtesy of iStockPhoto.com and RossHelen

Linked InTwitterFacebook
Business Reporter

Winston House, 3rd Floor, Units 306-309, 2-4 Dollis Park, London, N3 1HF

23-29 Hendon Lane, London, N3 1RT

020 8349 4363

© 2024, Lyonsdown Limited. Business Reporter® is a registered trademark of Lyonsdown Ltd. VAT registration number: 830519543