My view is that the weakest link is your mobile phone, not the actual wearable device itself. That’s because wearables tend to link to your mobile device over a short-range wireless spectrum known as “Bluetooth” (used to wirelessly send and receive data between your wearable device and your smartphone), and typically only collects a rather small set of data. However, contrast that with your smartphone, where your data is stored and synthesized from numerous sources, which makes that device a prime target for hackers.
To even a novice thief, the potential for abuse is substantial, from simple credit card or identity theft to various forms of fraud. To a seasoned criminal, however, such data could be catastrophic to a victim, leading to high-scale extortion or even physical threat of robbery, stalking or worse. In fact, the data collected and stored on your mobile device can be worth 10 times the value of a credit card on the black market.Read more in TechCrunch.