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The Internet of Things Cybersecurity Improvement Act of 2020 aims to address security concerns in the use of IoT devices by the U.S. government. The Act requires the National Institute of Standards and Technology (NIST) to develop security guidelines and standards for federal agencies, and mandates that vendors selling IoT products to the government ensure their devices meet these standards. Additionally, the Act requires vendors to provide a coordinated disclosure process for known vulnerabilities and allows for exemptions for devices with limited data-processing and software functionality. The Act aims to mitigate the risks associated with the government's use of IoT technology and is a significant step toward securing IoT devices in the federal domain.

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