As 2021 ends, Baron Property Management conveys a few tips to make your current and future leases a bit more secure from malicious outside threats.
When purchasing our upgrading smart home devices for your rentals, be sure to:
- Do thorough research before purchasing IoT devices and select well-known, reputable, American-owned brands with good cybersecurity track records. Choosing generic or off-brand devices may cost less up front, but they may be more likely to have serious security issues.
- Do not choose devices with known vulnerabilities, limited security features, or poor consumer reviews. During your research, any mentions of buggy app interfaces, infrequent updates, or difficulty updating software should be a red flag.
- Avoid purchasing devices from the clearance section if they are being phased out, regardless of the manufacturer. These devices may belong to discontinued product lines or may be made by a company that’s going out of business. The device may stop receiving software or firmware patches and will be at larger risk of compromise.
- Avoid manufacturers and devices that are new to the IoT device market. Newer manufacturers may not have the same level of expertise and experience as well-established companies that have been producing IoT devices for years. Similarly, newly released IoT devices may pose risks due to rushed production or limited testing prior to entering the market.
- Before purchasing a device, review the user manual to ensure that it is easy to establish basic security settings like changing default credentials and enabling auto-updates. Opt for devices that offer multi-factor authentication (MFA), encryption, and regular software updates.
Remember fully disclosing all connected devices — including their maintenance and care — by specific lease references makes for excellent tenant relations. (It may also reduce any liability as a landlord).
I welcome your comments. Please email Baron at email@example.com. Happy 2022