Under the update, manufacturers will have to make it easy for people to report security issues. The PSTI also now requires them to give clear expectations for when those filing the reports can expect acknowledgment and status updates afterward. Violations of the law can result in fines as high as £10 million (about $12.5 million USD) or 4 percent of their “qualifying worldwide revenue,” depending on which is higher.
The law would apply to a wide range of products, but a big target here…
