Convenience and Savings, But With Security in Mind
Smart home technology is booming, with the U.S. market projected to reach nearly $50 billion by 2026. While smart devices like light bulbs, assistants, and thermostats offer convenience and potential energy savings, their upfront costs can be significantly higher than their non-connected counterparts. Smart security systems, however, can offer both convenience and financial benefits, potentially reducing homeowners insurance premiums by up to 13%.
Setting up a smart home security system is designed to be user-friendly, even for non-tech-savvy individuals. "Many companies and products have made it very easy for the average consumer to pick them up, go home, plug them in, and have them connected," says Jason Hiner, editor-in-chief of ZDNet.
However, implementing a few key security measures is crucial. Firstly, change any default device passwords and ensure strong passwords for email or commerce accounts linked to the devices. "A lot of times the password to log into the router will be something very simple," warns Hiner. "Change it. That's super important, otherwise someone could potentially hack into your system." Aim for a 12-16 character password using a phrase or scrambled significant dates.
Secondly, keep your smart devices on the main house account and avoid connecting visitors to it. Many Wi-Fi routers allow creating a guest account with a separate username and password for internet access. When visitors connect to your main Wi-Fi, they carry your network information on their devices, potentially compromising your network's security. "If they go to an internet cafe, everyone you connect to your Wi-Fi is potentially broadcasting your very sensitive security information everywhere they go," explains Hiner.
Finally, be mindful of the Wi-Fi-enabled devices connected to the internet. Many new household appliances, from faucets to InstantPots and microwaves, are Wi-Fi-enabled. However, Hiner advises against connecting devices you're unlikely to control through a connected app. "If you're not going to use it in any way, or it's not going to be helpful in any way, don't connect it," he says. "Everything that's connected is potentially something that could be attacked. If it has a vulnerability or a default password you're not aware of, it can become a way for someone to attack your network and potentially compromise everything else."
By following these simple security tips, you can enjoy the convenience and potential savings of a smart home while safeguarding your network and personal information.