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are increasingly large. Cyber security will primarily become one of the key
factors in the development of the 4.0 industry products.

Development in the direction of »Internet of Things« (IoT) will integrate our lives
into networks, and thereby increase the threat of invading our devices. Data theft
is just one side of the threat imposed by IoT. Attacks on our network can also
be more dangerous, even lethal, when thinking of a hypothetical possibility of
intrusion into a vehicle system with the intruder attacking the brakes. Because
of the complexity of this area, cooperation between several stakeholders is even
more urgent than elsewhere. Standardization offers itself as a tool for ensuring
genuine cooperation, harmonization and goal setting also in this area.

The company Iskraemeco is a good example of practice where cyber security
is one of the key factors of viability, and collaboration is particularly important.
For 70 years now, Iskraemeco has been one of the leading providers of
metering solutions. Electricity meters, for example, connect electricity
consumers to electricity suppliers. As safety is of utmost importance in this
exchange, Iskraemeco must pursue quality standards and take measures to
prevent unauthorised intrusion. Cyber security thus has to prevent several
aspects of intrusion. Through data retention it also has to prevent possible
manipulation of meters. By controlling cyber security, the company makes
sure that electricity meters cannot be manipulated either by electricity
consumers or by suppliers. Cyber security standards therefore need to protect
several stakeholders at the same time, which makes mutual dialogue even
more important. Cyber security is a field in which the issue of standardization
is still widely open; however, it is becoming an increasingly crucial and
additionally hot issue of the modern digital world. The adoption of the General
Data Protection Regulation (GDPR) confirms the estimate that European
leaders are capable of responding to the challenges such as the pressing need
to ensure strong legal protection of personal data. GDPR sets tangible realistic
standards and defines the responsibility for all parties involved. The Regulation
applies to all European companies, irrespective of size and space.

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