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April 26, 2018
Consumers may be overestimating the security of home security. While 64% of American broadband households worry about security and privacy when they use their connected devices, 63% think the signals from their monitored homes are encrypted – though they usually are not, according to a whitepaper from Parks Associates.
The whitepaper, “Residential Security and Encryption: Setting the Standard, Protecting Consumers,” points out that encrypting signals is not a standard security industry practice. The white paper was sponsored by security system manufacturer Qolsys.
From the article "Consumers May be Overestimating the Security of Home Security" by Carl Weinschenk.
Even though major commercial security companies like ADT are still leading the home security market, low-cost solutions are on the rise and retailers play a major role in their adoption. According to...
Security breaches cost a lot of money. In the U.S., the average data breach costs $5.4 million. The average cost, globally, of a compromised record rose 9 percent in 2014 to $145; costs in the U.S. ro...
Finally, another contributing factor to the in-home renaissance is the growth of smart-home adoption. According to Parks Associates, 19 percent of U.S. broadband households plan to buy a smart major a...
“Consumer concerns about data privacy and security, including both the unauthorized hacking of devices and theft of device data, consistently rank as one of the leading concerns about connecting devic...
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