In the recent years, wearables are gaining rapid momentum while the security protocols are undermined. Devices such as fitness trackers, smartwatch, and head-mounted displays are synonymously invading workspaces as smartphones. The sales of wearable devices in 2017 reached 310.4 million generating a total revenue of $31.7 billion, more than 16.8 percent from 2016.
Though wearable devices offer an abundance of appealing benefits to businesses, manufacturers are compromising security measures in a rush to win the market share. However, the potential threats wearables pose to different industries are undeniable.
Easy Access to Data
Unlike Smartphones, wearable devices lack security regulations for data protection. There is no password or PIN protection, user authentication, or biometric security which enables hackers to easily gain access to the device. So, if anyone manages to hack in, the risks can be much greater than we assume.
Most wearable devices are not Wi-Fi enabled. Meaning, you have to enable the Bluetooth of your smartphone all the time to remain connected. Think about other things that could be connecting! Many of such devices lack adequate security measures to tackle brutal force attacks. One of the best tactics is to recognize the number of Bluetooth enabled devices around the wearable. A survey conducted by AT&T reported that more than 40% of the US companies have more than 5,000 connected devices in a single workstation.
Lack of Governmental Regulation
Though wearables pose a serious threat to different companies and even industries, there are no government rules to regulate the manufacturing process. Dozens of companies are suffering from data breach due to the incompetency showcased by wearable devices. Ignorance of such issues will motivate hackers to take a much larger step. Remember the Mirai Botnet attack that took place in 2016?
All of us upgrade the patches of mobile and desktop application to protect them against hackers. The same principle applies on the wearables. However, most wearables have their own operating system and applications. To keep them safe from cyber-attacks, manufacturers must release latest patches to avoid emerging vulnerabilities. But, most wearables lack such insights to meet the requirements of modern security protocol.
Ability to Capture Photos and Videos
Wearable gadgets encompass special features that make them a high-end spy gear. Users can easily take photos or videos, and even record audio files using devices such as smartwatch and smart glass. Now, people can easily capture confidential information of sensitive areas and publish it on the internet.