Are wearable devices tracking you? Let us know how hackers can breach your private space through wearable devices. These smart devices are the easiest gateway to enter into your life and steal information easily.

Are smart watches are secure enough?

Beware of The increase in the number of wearable devices applications is creating new opportunities for fraudsters to compromise wearable devices for access to highly valuable personal information.

Here’s what you should know:

• Easy Physical Access to Data:

The fact that many wearable’s store data on the local device without encryption is a real issue. There is often no PIN or
password protection, no biometric security and no user authentication required to access data on a wearable. If it falls into the wrong hands, there is a risk that sensitive data could be accessed very easily.

• Ability to Capture Photos, Videos and Audio:

It is easy for someone to take photographs or record video or audio files using something like a smartwatch
or smart glasses. Secret capture of confidential information, and videos and images of sensitive data, is a very real possibility.

• Insecure Wireless Connectivity:

The fact that wearable devices tend to connect to our smartphones or tablets wirelessly using protocols such as
Bluetooth, NFC and Wi-Fi create another potential point of entry. We may have Bluetooth on our smartphones turned on all the time. Many of these wireless communications are insufficiently secure to guard against a determined brute-force attack.

• Patching and Vulnerabilities:

Many wearable’s run their own operating system and applications. The same principles that apply to keeping the
software on your desktops, laptops, smartphones and tablets is fully patched and up to date to avoid the latest vulnerabilities also apply to wearables.

• Lack of Encryption:

Some third-party apps neglect basic security standards and send or store information that is not encrypted. The kind of data that is automatically being collected by wearables is very valuable to the right people.

Precautionary Measures:

• Opt-in only for the information required for use of the app. Leverage the highest level of security offered, such as biometrics.
• Practice good password hygiene if passwords must be used, including not reusing passwords across multiple applications and changing passwords periodically.
• Be knowledgeable about phishing attempts to get information from those appearing as their manufacturer. Don’t click on links in emails or texts unless you are sure they are from a trustworthy source.
• Download software updates when they are available

Beware! Be Safe! Bank safe.