Scott Hollifield: When smart appliances go bad
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.
"
"
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
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
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?



Enterprise Insurance Pays 7,500 Individuals Through 'Same Day Claims Payment Service'
US HEALTH INSURERS RAISE RATES ACROSS THE COUNTRY
Advisor News
- Younger investors turn to ‘finfluencers’
- Using digital retirement modeling to strengthen client understanding
- Fear of outliving money at a record high
- Cognitive decline is a growing threat to financial security
- Two lessons career changers wish they knew before starting the CFP journey
More Advisor NewsAnnuity News
- FACC and DOL enter stipulation to dismiss 2020 guidance lawsuit
- Zinnia’s Zahara policy admin system adds FIA chassis to product library
- The Standard and Ignite Partners Announce Launch of Thrive Plus Fixed Indexed Annuity
- CareScout Joins Ensight™ Intelligent Quote LTC & Life Marketplace
- Axonic Insurance Annuities, Built for Banks, Broker-Dealers and RIAs, Now Available through WealthVest.
More Annuity NewsHealth/Employee Benefits News
- Researchers at Northwestern University Feinberg School of Medicine Report Findings in Cataract Surgery (Evaluating Metrics Assessing Surgical Success in Patients Undergoing Cataract Surgery): Surgery – Cataract Surgery
- Studies Conducted at University of Florida on Managed Care Recently Reported [Risk of Fetal Exposure to Teratogenic Medications: Development of Evidence for the Teratogenic Risk Impact and Mitigation (TRIM) Tool]: Managed Care
- 5 ways to navigate health care costs and coverage with confidence
- UnitedHealthcare’s mission control targets customer woes to build its brand
- NC State Health Plan expects to spend $1 billion more than planned. Here’s why
More Health/Employee Benefits NewsLife Insurance News
- Iowa widow claims premium-financed IUL plan jeopardized family farm
- Redefining life insurance for a new era of trust and protection
- Agam Capital and 1823 Partners Announce Strategic Partnership to Provide Life Insurers with an End-to-End Value Chain Solution
- AM Best Revises Outlooks to Positive for Western & Southern Financial Group, Inc. and Its Subsidiaries
- Principal Financial Group Announces First Quarter 2026 Results
More Life Insurance News