International. UL announced that Midea became the first company in China to be recognized for achieving the UL IoT Security Rating. These silver-level ratings, as assessed by UL, demonstrate that four of Midea's air conditioning and dehumidifier product lines use industry best practices for Internet of Things (IoT) cybersecurity.
Midea, headquartered in Foshan in southern China, is a global Fortune 500 company with more than 100,000 employees and operations in more than 180 countries.
Ul's IoT Security Classification silver level assessment helps demonstrate the benchmark safety capabilities in all connected products under Midea's window air conditioning, split air conditioning, portable air conditioner and dehumidifier product lines. These product lines were evaluated at the silver level according to their implementation of vital baseline security capabilities, such as default passwords, secure updates and connections, access controls, and product security maintenance, among others.
The IoT Security Rating is a consumer IoT product security claims labeling and verification solution that classifies products according to an ascending scale of five levels: bronze, silver, gold, platinum, and diamond. Verified products receive a differentiated UL verified brand safety label, which specifies the level of safety achieved, and are continuously evaluated by UL.
UL's solution helps manufacturers and developers demonstrate security due diligence for their products by leveraging proven security best practices and rating the security posture of IoT products. This helps improve security transparency with consumers and helps them make conscious and informed purchasing decisions. UL's IoT Security Rating also supports manufacturers by helping them demonstrate that their products meet the threshold of reasonable security features as required in U.S. IoT security regulations, and recommended in global IoT security guidelines.