Skip to content
Monday 10 August 2026London --:--Frankfurt --:--Zurich --:--
NewslettersSearchEN · DE
MorningWire

European business, markets and politics

FTSE 100
10,867.76
-0.31%
DAX
26,406.17
+0.33%
CAC 40
8,703.97
-0.13%
STOXX 50
6,540.21
+0.25%
  • Europe
  • Markets
  • Business
  • Economy
  • Technology
  • Politics
  • Opinion
More
GermanyFranceBankingAIEnergyFintechPropertyCapital Markets
  • Germany
  • France
  • Europe
  • Markets
  • Business
  • Economy
  • Technology
  • Politics
  • Opinion
  • DE
Friday 28 September 2018 3:34 pm  |  Updated:  Tuesday 21 May 2019 4:25 pm

IoT security: Your smart home device is a cyber security risk waiting to happen

By: Josh Mines

Add as a preferred source on Google

NULL

In the age of Google Home and Amazon Alexa, many modern households are home to one or more smart devices. 

While these gadgets can help with day-to-day tasks and generally make life easier – it's also opened up the possibilities of cyber attackers breaching vulnerable devices in the home. 

A new survey from Open-Xchange found that every home owns an average of five smart devices. However, only 15 per cent of households use software or apps to protect their beloved tech. 

It also found 28 per cent of respondents didn't have any plans to strengthen their security. 

The survey also found that potential cyber attacks could be costly for internet providers. 85 per cent of people said they would change their internet provider in the event of a data breach, while 78 per cent of households would not invest in any more devices if they were hit by a cyber attack. 

Read more: Uber pays out $148m to settle legal case over cyber attack cover-up

"The market for connected devices is ballooning as we all scramble to fill our homes with the latest gadgets, all aimed at making our lives simpler," said Rafael Laguna, chief exec of Open-Xchange. 

"Yet, the convenience of connected home technology should not let us neglect our family’s online privacy and protection. 

"Security features on smart devices are essentially non-existent, so it’s essential we treat them with the same level of caution that we do for our desktops." 

Read more: Tesco Bank to face City watchdog's largest ever cyber security fine

Share this article

  • Facebook
  • X
  • LinkedIn
  • WhatsApp
  • Email

Similarly tagged content:

Sections

  • News

Categories

  • Tech

Related Topics

Trending Articles

  • Back to basics: Sainsbury’s gradual retreat from the British high street

  • Thames Water faces fresh threat to survival after pensions regulation breach

  • Hargreaves Lansdown orders staff back to office

  • PwC’s Embankment HQ to get major makeover ahead of Canary Wharf move

  • FTSE 100 Live: Stocks drop as US-Iran peace stalls; Oil climbs higher

More from Morning Wire

  • UK government probes OpenAI breach after ‘unprecedented’ hack

    Tech
    Sam Altman discussing OpenAIs ChatGPT advancements at a press conference, emphasizing AI innovation and future developments
  • Accertify and Liminal Release First Empirical Study Proving Fraud-Cyber Convergence Works – and Defining How to Do It Right

    Business Wire
  • UK’s AI watchdog flags new OpenAI and Anthropic cyber alarms

    AI
    Smartphone displaying the Claude by Anthropic AI assistant app, showing the app icon and interface.
  • AI, drones and data: Defence giants splash record $4.1bn on tech start-ups

    Tech
    Defence
  • Ordnance Survey revenue jumps as map maker goes digital

    Markets
    Ordnance Survey has revealed that an increase in demand for its data from financial services firms has helped its revenue near the £200m mark.
  • U.K. Firms Make Cyber Resilience Measurable

    Business Wire
  • South East Water told to cough up £31m and improve infrastructure

    Water
    South East Water infrastructure showcasing modern water management technology amidst regional drought challenges
  • M&S to face shareholder grilling over cyber attack recovery

    Retail
    Marks and Spencer was one of three UK retailers to be targeted
MorningWire

Independent European business, markets and political news for decision-makers.

Morning Briefing

Europe

  • Germany
  • France
  • Europe
  • UK & Ireland

Business

  • Markets
  • Banking
  • Technology
  • Energy
  • Property
  • Fintech

Editorial

  • Opinion
  • Editorial Policy
  • Corrections
  • Contact

Company

  • About Morning Wire
  • Privacy Policy
  • Terms of Use
  • Cookie Policy
© 2026 Morning Wire Ltd · Published by Morning Wire Media, Bahnhofstrasse 65, 8001 Zürich, Switzerland
Privacy · Terms · Cookies · Facebook