The Impact of Internet of Things (IoT) on Legal Liability and Regulation

There are three primary legal issues that have arisen between manufacturers and consumers as a result of the rapid proliferation of Internet of Things technology. These complications pertain to liability and regulatory requirements. In this research, Tort Law and Product Liability Model are utilized to investigate the manner in which present legal regulations establish accountability for Internet of Things (IoT) malfunctions and cybersecurity attacks, as well as violations of data privacy violations. Through the use of the PIA Tool, we are able to evaluate our compliance with existing legislation, particularly the GDPR and the CCPA. In order to illustrate that regulatory oversight is flawed, the research explores actual Internet of Things litigation examples. The research indicates that in order to synchronize the progression of technology with accountability systems, modern Internet of Things platforms require regulatory approaches that are based on adjustments. Due to the fact that the development of the Internet of Things must to be in accordance with stringent legal standards, the paper provides recommendations to reduce legal risks and enhance compliance rules.