SCOTT will create a convincing privacy assessment through privacy labelling, and answer the IoT need for a new and more advanced security paradigm through security classes.
Just recently the EC mentioned those needs: as reported on Heise (https://www.heise.de/newsticker/meldung/EU-Laender-wollen-Sicherheit-digital-vernetzter-Geraete-erhoehen-4075157.html; in German), „the European Commission wants measures for cybersecurity to be regulated at European level in future. Among other things, IT products and services will in future undergo a voluntary certification procedure. The European Commission is proposing a reform of the European IT security authority ENISA in a first draft for a European regulatory framework“. Have a look at https://www.enisa.europa.eu/ (the European Union Agency for Network and Information Security (ENISA) is a centre of expertise for cyber security in Europe). What’s the best way to join forces?