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Consumers Are Holding Off On Buying Smart-Home Gadgets Due To Security, Privacy Fears (businessinsider.com)

According to a new survey from consulting firm Deloitte, consumers are uneasy about being watched, listened to, or tracked by devices they place in their homes. The firm found that consumer interest in connected home technology lags behind their interest in other types of IoT devices. Business Insider reports: "Consumers are more open to, and interested in, the connected world," the firm said in its report. Noting the concerns about smart home devices, it added: "But not all IoT is created equal." Nearly 40% of those who participated in the survey said they were concerned about connected-home devices tracking their usage. More than 40% said they were worried that such gadgets would expose too much about their daily lives. Meanwhile, the vast majority of consumers think gadget makers weren't doing a good job of telling them about security risks. Fewer than 20% of survey respondents said they were very well informed about such risks and almost 40% said they weren't informed at all.

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  1. Re:Oh really? by TheRaven64 · · Score: 5, Informative
    I suspect it's a mixture of several reasons. In no particular order:
    • Complexity implies unreliability. Something with a simple mechanical switch is likely to be (or, at least, perceived to be likely to be) more durable than something with a microprocessor, a smartphone app, and some cloudy things.
    • Most 'home automation things are not actually useful.
    • They're all big on vendor lock-in. This means that you're screwed if the vendor goes out of business, but it also means that devices from different vendors don't play nice together. People don't actually want to have 20 apps installed on their phones to control different aspects of their homes.
    • They're getting a reputation for poor security - who wants their home to advertise to potential burglars that they're going to be out for the next few hours?
    • Even when they have decent security, that just means that unauthorised people won't get the data, it doesn't mean that the vendor won't be spying on you and selling info about the inside of your house.
    • Even the useful things are very expensive both in relation to build costs and to utility.
    • They're so very hipster that if you don't live in the Bay Area you'd be deeply embarrassed if any of your friends saw that you owned one.
    --
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