Insight for business owners and risk managers—provided by Glowsure Insurance Brokers
Technology is ubiquitous. Not only is it all around us, now it is a part of us. Wearable technology—devices worn by consumers that are designed to synch with mobile devices and include tracking information related to health and fitness—promises to revolutionise the way we do business.
But do not rush headlong into the new wearable tech craze without serious consideration. An over-reliance on mobile, digital technology can expose you and your organisation to security breaches and other cyber attacks—in 2014, 81 per cent of large organisations in the United Kingdom suffered a data security breach, according to a PricewaterhouseCoopers survey.
Now with the advent of wearable technology such as Google Glass, the Apple Watch and fitness trackers, your vulnerability—and, by extension, your company’s vulnerability—to breaches in cyber security will increase dramatically.
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