Inventive minds have created a plethora of smartphone-connected home devices, from thermostats and security cameras to locks that can be monitored and controlled remotely via the home Wi-Fi network. Some of the smart products out there include the popular Nest thermostat, August Home locks and doorbells, the new LED color-changing lights from Philips, and numerous remote-access security cameras such as the iSmartAlarm.
However, the new interconnected home has revealed opportunities for hackers, including a recent incident in which a smart refrigerator was accessed remotely and used to obtain the owner’s email credentials. This is one reason why, despite the useful nature and variety of smart home products available, the smart home has yet to be fully embraced and catapulted into the mass market. In fact, recent research from Argus Insights has found that overall demand is actually dropping for smart home products, most likely due to issues of cost and the threat of hackers.
To solve the latter problem, companies such as Dojo Labs and Cujo have developed monitoring devices that plug into your router to detect suspicious activity. For example, if a hacker is trying to access your web camera, these devices have the ability to automatically block that access.
Security, both for the Wi-Fi network and for the home itself, is the current area of growth. Another research agency, Parks Associates, has found that connected cameras have helped drive double digit growth in sales of home security system installations, with nearly 6 million home security customers using a smart home device as part of their security system.
The internet of things is a more promising concept when we are also provided with peace of mind, so security will be front and center in the upcoming years of growth for these interconnected devices.