Scott Hollifield: When smart appliances go bad - Insurance News | InsuranceNewsNet

InsuranceNewsNet — Your Industry. One Source.™

Sign in
  • Subscribe
  • About
  • Advertise
  • Contact
Home Now reading Newswires
Topics
    • Advisor News
    • Annuity Index
    • Annuity News
    • Companies
    • Earnings
    • Fiduciary
    • From the Field: Expert Insights
    • Health/Employee Benefits
    • Insurance & Financial Fraud
    • INN Magazine
    • Insiders Only
    • Life Insurance News
    • Newswires
    • Property and Casualty
    • Regulation News
    • Sponsored Articles
    • Washington Wire
    • Videos
    • ———
    • About
    • Meet our Editorial Staff
    • Advertise
    • Contact
    • Newsletters
  • Exclusives
  • NewsWires
  • Magazine
  • Newsletters
Sign in or register to be an INNsider.
  • AdvisorNews
  • Annuity News
  • Companies
  • Earnings
  • Fiduciary
  • Health/Employee Benefits
  • Insurance & Financial Fraud
  • INN Exclusives
  • INN Magazine
  • Insurtech
  • Life Insurance News
  • Newswires
  • Property and Casualty
  • Regulation News
  • Sponsored Articles
  • Video
  • Washington Wire
  • Life Insurance
  • Annuities
  • Advisor
  • Health/Benefits
  • Property & Casualty
  • Insurtech
  • About
  • Advertise
  • Contact
  • Editorial Staff

Get Social

  • Facebook
  • X
  • LinkedIn
Newswires
Newswires RSS Get our newsletter
Order Prints
July 22, 2022 Newswires
Share
Share
Post
Email

Scott Hollifield: When smart appliances go bad

Independent Tribune (Concord, NC)

I think my toaster is watching me.

Is it paranoia? Perhaps, but I am not alone in believing my privacy is being invaded by household gadgets allegedly designed to improve our lives.

A new report from something called Mortgage Cadence shows that while a large majority of those surveyed said smart tech items make their lives easier, 73% still fear those same devices are spying on them.

That comes from a news release I received on a computer that I am absolutely certain is spying on me. I am sure this Mortgage Cadence is a real and reputable company, but it sounds like the name of a femme fatale from a '80s prime time soap opera.

"J.R. Ewing, I would like you to meet Ms. Mortgage Cadence, proprietor of this establishment and heiress to the Cadence fortune. She has certainly been eager to speak with you."

"Mr. Ewing, honored to make your acquaintance. Please talk directly into the lamp while discussing your latest business endeavors."

According to the release, top concerns were privacy, spying, security and targeted marketing.

Sixty-two percent of those surveyed are worried about their security camera getting hacked, and 23% are worried about smart locks getting compromised.

One in five said they own more than seven different smart devices for their home.

The main reasons people say they invest in smart technology for their homes are safety and security and the ability to control the devices while away. Americans spend $1,172 on average on home smart devices but say they'd be willing to spend $2,475, according to Mortgage Cadence, who came walking down the stairs in a slinky dress.

As the interim senior correspondent for privacy and technology issues for this award-winning publication (I promoted myself last week), I decided to take this opportunity to answer a few frequently asked questions about the results of this survey and the issues surrounding privacy in the age of smart technology.

Q: Hi, Scott. It's your toaster talking to you! We here at Acme Enhanced Appliances, a subsidiary of the Nakatomi Corp. in conjunction with Zuckerberg Inc., installed a handy-dandy surveillance chip in your ToastBlaster 3000 to better enhance your consumer experience and certainly not to record any of your spending habits or videos of you walking around the kitchen in your underwear that we could release publicly if you don't buy any additional Acme Enhanced Appliances in the next 18 months. How do you like your ToastBlaster 3000?

A: Uh, actually I am a bit disappointed with the quality of the toast it produces. I've adjusted the options, but it continues to put out a product that is not brown enough for my toast taste.

Q: Perhaps you should not put so much butter on your toast. We have observed an inordinate amount used in preparation of your toasted bread products and our built-in cholesterol detection touch lever shows you are at a high risk for heart disease. That has been reported to your health insurance provider which should adjust your premiums accordingly. Would you like for me to search for a gym membership in your area?

A: This is an outrage! How dare you invade my privacy through your technological gibber-jabber. Why, I have a mind to contact your company and complain about an unwanted intrusion into my life.

Q: Would you like me to instruct your smartphone to call the Acme Enhanced Appliance Consumer Helpline?

A: Yes.

Q: Hello. This is the Acme Enhanced Appliance Consumer Helpline. My name is Mortgage Cadence. How may I assist you today?

Older

Enterprise Insurance Pays 7,500 Individuals Through 'Same Day Claims Payment Service'

Newer

US HEALTH INSURERS RAISE RATES ACROSS THE COUNTRY

Advisor News

  • GLP-1 users choose between medication and retirement saving
  • Gen X and millennials seek new retirement model
  • Are families ready for the costs of aging at home?
  • When a client moves, their insurance plan needs to move, too
  • A rising retirement challenge: The license to spend
More Advisor News

Annuity News

  • A client remarried: Does their annuity still fit?
  • Gen X and millennials seek new retirement model
  • Global Atlantic names Dan Farrelly head of IMO and IBD channels
  • A rising retirement challenge: The license to spend
  • What lower interest rates mean to annuity payouts
More Annuity News

Health/Employee Benefits News

  • East Hartford woman charged with double-dipping from Medicaid caregiver programs
  • GLP-1 users choose between medication and retirement saving
  • As immigrant Medicaid cuts take effect, some in WA can keep their coverage
  • Flawed logic won't fix care
  • County budget may tap reserves again Dane County budget plan would reduce health insurance costs, cut jobs
Sponsor
More Health/Employee Benefits News

Life Insurance News

  • OWINGS MILLS INSURANCE AGENT PLEADS GUILTY TO STEALING MORE THAN $100,000 IN LIFE INSURANCE COMMISSIONS
  • Symetra Named a Fortune Best Workplace in Financial Services & Insurance™ for Fourth Consecutive Year
  • 1 in 3 U.S. workers do not have a legacy plan in place
  • MassMutual Enhances Permanent Life Insurance Portfolio With Launch of Whole Life Guard 10 Pay and Whole Life 95
  • Study Results from Cornell University in the Area of Insurance Reported (Regulatory Competition In the Us Life Insurance Industry): Insurance
Sponsor
More Life Insurance News

NEWS INSIDE

  • Companies
  • Earnings
  • Economic News
  • INN Magazine
  • Insurtech News
  • Newswires Feed
  • Regulation News
  • Washington Wire
  • Videos

FEATURED OFFERS

Press Releases

  • Lauren Sinnott Named to Ragan’s Top Women in Marketing Awards, Class of 2026 
  • Classic Car Insurer OpenRoad Insurance Expands to 40 U.S. States in Two Years
  • How Aspire General Turned an Early Technology Bet Into Claims Automation at Scale with Kyber
  • Adjusto launches AI-Native contents claims services powered by its technology platform
  • URL Insurance Group Celebrates 40 Years of Service, Growth, and Industry Leadership
More Press Releases > Add Your Press Release >

How to Write For InsuranceNewsNet

Find out how you can submit content for publishing on our website.
View Guidelines

Topics

  • Advisor News
  • Annuity Index
  • Annuity News
  • Companies
  • Earnings
  • Fiduciary
  • From the Field: Expert Insights
  • Health/Employee Benefits
  • Insurance & Financial Fraud
  • INN Magazine
  • Insiders Only
  • Life Insurance News
  • Newswires
  • Property and Casualty
  • Regulation News
  • Sponsored Articles
  • Washington Wire
  • Videos
  • ———
  • About
  • Meet our Editorial Staff
  • Advertise
  • Contact
  • Newsletters

Top Sections

  • AdvisorNews
  • Annuity News
  • Health/Employee Benefits News
  • InsuranceNewsNet Magazine
  • Life Insurance News
  • Property and Casualty News
  • Washington Wire

Our Company

  • About
  • Advertise
  • Contact
  • Meet our Editorial Staff
  • Magazine Subscription
  • Write for INN

Sign up for our FREE e-Newsletter!

Get breaking news, exclusive stories, and money- making insights straight into your inbox.

select Newsletter Options
Facebook Linkedin Twitter
© 2026 InsuranceNewsNet.com, Inc. All rights reserved.
  • Terms & Conditions
  • Privacy Policy
  • InsuranceNewsNet Magazine

Sign in with your Insider Pro Account

Not registered? Become an Insider Pro.