Be Smart About Smart Toys
Smart toys are a popular, fun way for kids to learn and be entertained! By 2027, the smart toy market is expected to be over $24 billion!
But smart toys that collect personal data could expose you to identity theft if the information isn’t kept secure.
Below are some things to keep in mind, especially as your family might give or receive smart toys this holiday season!
1. Tech Talk
Know what technology the toy has, such as:
- A microphone
- A speaker
- Internet and Bluetooth® connections
- A pairable mobile app
…and ask yourself what the toy does. For example, does it:
- Use artificial intelligence to recognize, listen to, and talk to your child?
- Record and store conversations?
- Take photos?
2. It’s Personal
Consider what personal data the toy can access, such as:
- Email accounts
- Social media accounts
- Credit card information
3. Smart Sleuthing
If you have doubts about the toy’s safety, research online. Also, search for any concerns from consumer watchdog and safe harbor groups.
Additional Tips to Remember
Identity theft can be financially devastating and challenging to resolve. Although there are preventative steps you can take, even the most careful planning can’t eliminate the threat of identity theft. Consider Identity Theft Recovery coverage. Identity theft insurance is a type of insurance policy that provides financial protection for victims of identity theft.