Wearable technology, especially Smartwatches, including the Apple Watch, the Samsung Gear, and the Microsoft Band, are all the rage and are expected to become even more popular over the coming years. According to the International Data Corporation (IDC), 2015 will see as many as 72.1 million wearables shipped. They are popular and fashionable, but do they leave your network open to potential security breaches?

 Wearables and Security Risks

Wearables represent another attack target for the cybercriminals who are currently enjoying the opportunities presented by mobile devices. Wearables have the same potential for data leakage, data loss, and industrial espionage as mobile devices.

Some security experts agree that the current wearables have a limited attack surface. Other experts believe that there is a risk of a hack and warn that the danger could increase. Future wearables will likely behave as current mobile devices, making them far more appealing than computers for cybercriminals. Like computers, wearable devices are built on familiar operating systems and have vulnerabilities. Because security and privacy are not a priority for developers, these devices are not being built with security front of mind.  Considering that some companies encourage employees to bring their own devices, security threats of wearables should be incorporated into a firm’s policies.

Bring Your Own Device Policy and Wearables

Bring Your Own Device (BYOD) policies, in which companies give employees the choice to use their own iPhones, iPads and Android smartphones for work, is a trend that business cannot avoid. A number of firms still do not have adequate policies, controls, or even the right technology. Some say a BYOD policy should include wearables because of the security threats associated with such technology.

Smartwatches are still in their infancy, and we will see them grow and change. Having a BYOD policy in place for your business will help minimize exposure to security threats. Including wearables in your plan is advised. Please contact your IT expert if you have any questions about how wearables could impact your business.