According to Deloitte, a consulting firm, roughly 100 million wearable gadgets, including fitness trackers, wearable cameras, and smartwatches, will be used by the year 2020. Another analyst firm, namely Canalys, has predicted that at least 17 million smartwatches have been sold in 2015 alone. All these statistics tells us one thing; the wearable technology is here to stay whether. In addition to improving our lives, wearable technology has brought along various security and privacy risks that many people are not usually aware of. Let’s take a look at what these risks are and whether they are severe enough to raise a significant concern.
Monitors Your Daily Routine
Smartphones are often viewed with skepticism for tracking people’s location without explicitly seeking consent, but wearable tech has taken it to a whole new level. For instance, fitness bands measure the steps taken along with the exact route you follow. This can easily reveal your home’s location and also tells a lot about your daily routine, the places you visit, your favorite coffee shops, etc. This information can be used by burglars, robbers, and other people to target you and even your loved ones.
Reveals Sensitive Information
There was a time when “no cameras allowed” policy was followed in most of the organizational settings, but wearable tech has made it difficult for the organizations to keep the premises completely camera-free as smartwatches and other wearable devices are small in size, making it difficult to detect them. Also, there is no way you can know if the device is secretly taking photos and recording audio, or if it is switched off. The result is an increased risk of corporate espionage. The business organization needs to strictly prohibit the use of smartwatches and other wearable tech in its physical territory to keep its private data safe.
Raises Serious Privacy Concerns
Wearable technology not only poses serious security threats to its users, but also compromises the privacy of other people. Anyone with bad intentions can use these gadgets to secretly take the images and record videos of others. It can also be used to spy on others.
Reveals Private Medical Information
Smartwatches and other wearable tech can collect health information through dedicated apps. This includes everything from blood pressure and sugar level, to heartbeat and much more. This information is stored on a database created by the app vendors catering to these gadgets. You can never really be sure how secure these databases are and who can access them.
Increases Risk of Identity Theft
According to reliable sources, roughly 16 million people become target of identity theft every year. As it turns out, users of wearable tech have a higher chance of becoming the part of these statistics. This is because hackers can easily get access to their data by exploiting the connection of their devices to insecure Wi-Fi networks.