As the German government watchdog warns parents to destroy a talking IoT doll, perhaps their famous testing agency, TÜV, is gearing up for the onslaught of domestic IoT likely to hit European shores during 2017. But does this pose a threat for insurers and if so, how can the cyber risk possibly be measured for underwriting purposes?
Parents in Germany are being warned by a government watchdog agency to destroy a talking doll called Cayla because its IoT technology could be accessed by outsiders, according to a BBC report. The nation's Federal Network Agency, which oversees telecommunications, issued the warning after security investigators said hackers could access an insecure Bluetooth component embedded in the toy to listen to and speak with the doll's owner.
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