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Smart Toys Can Pose an Identity Theft Risk

There are smart homes and smartphones. But were you aware of smart toys?

Children’s toys that connect to the internet are a new trend that major toy distributors are getting behind. Fisher-Price offers four interactive stuffed animals that use technology to recognize and talk to children. Over time, the toys adapt to a particular child and learn to recognize the child’s voice. This allows them to choose games and activities a child likes.

These new toys are generating a lot of buzz—but also some concern. And the concern is not unfounded. It was recently reported that CloudPet, a company that sells internet-connected teddy bears, left more than 800,000 customer credentials and two million message recordings completely exposed online for anyone to see and listen.

Sadly, breaches like this shouldn’t come as a surprise. As we reported earlier, smart home hacking and fitness tracker hacking are rising risks. Connected cars are also at risk of leaking personal information.

The good news is that you can take several steps to reduce the risk of identity theft when it comes to smart toys. You can read the privacy statements that come with smart toys to see what kind of information they share. It also helps to change the default password to a newer, stronger password.  

Of course, it’s still possible to fall prey to identity theft even after taking these precautions. That’s why it’s worth considering identity theft protection coverage. An insurance professional like an Erie Insurance agent can tell you more about this affordable–and increasingly necessary–coverage.

ERIE® insurance products and services are provided by one or more of the following insurers: Erie Insurance Exchange, Erie Insurance Company, Erie Insurance Property & Casualty Company, Flagship City Insurance Company and Erie Family Life Insurance Company (home offices: Erie, Pennsylvania) or Erie Insurance Company of New York (home office: Rochester, New York).  The companies within the Erie Insurance Group are not licensed to operate in all states. Refer to the company licensure and states of operation information.

The insurance products and rates, if applicable, described in this blog are in effect as of July 2022 and may be changed at any time. 

Insurance products are subject to terms, conditions and exclusions not described in this blog. The policy contains the specific details of the coverages, terms, conditions and exclusions. 

The insurance products and services described in this blog are not offered in all states.  ERIE life insurance and annuity products are not available in New York.  ERIE Medicare supplement products are not available in the District of Columbia or New York.  ERIE long term care products are not available in the District of Columbia and New York. 

Eligibility will be determined at the time of application based upon applicable underwriting guidelines and rules in effect at that time.

Your ERIE agent can offer you practical guidance and answer questions you may have before you buy.