Smart home? Not so smart.

That "smart home" may not be so smart. Discover some of the risks behind smart home technology on today's WillisWire by tech risk expert Fredrik Motzfeldt, Europe and UK Practice Leader for Willis’ Technology, Media and Telecommunications (TMT) group. Below are some risks behind that connected home:

• Cyber hacking or stolen passwords – A criminal can gain access to many security systems, allowing them to turn off your system prior to a burglary.
• Mismanagement – Users may fail to notice they have disabled an intruder alarm system, making it vulnerable to entry.
• Network outages – Loss of connectivity can shut down a security system, leaving your home unprotected.
• Device malfunctions – A smart home system is often controlled by mobile phone, making the communication device a single point of failure. A damaged -- or lost! -- phone can temporarily render the system powerless.