Company Directory - Wyze
Company Details - Wyze
Wyze
WebsiteWyze is a smart home technology company known for offering a range of affordable smart home devices, making home automation accessible to everyone. Their products include smart cameras, lights, plugs, and other connected devices that can be easily monitored and controlled via mobile applications.
CCI Score
CCI Score: Wyze
-29.28
0.04%
Latest Event
Wyze Security Breach Exposes Customer Privacy
Following a server outage and caching errors, Wyze experienced a security breach on February 20, 2024 that allowed approximately 13,000 customers to view thumbnails from other users’ cameras. The incident, which also follows previous security challenges and a 2022 class-action lawsuit settlement, raises serious concerns about the company’s ethical responsibility and the robustness of its technology in protecting consumer privacy.
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ACCOMPLICE
Wyze is currently rated as an Accomplice.
Latest Events
- FEB202024
Following a server outage and caching errors, Wyze experienced a security breach on February 20, 2024 that allowed approximately 13,000 customers to view thumbnails from other users’ cameras. The incident, which also follows previous security challenges and a 2022 class-action lawsuit settlement, raises serious concerns about the company’s ethical responsibility and the robustness of its technology in protecting consumer privacy.
-70
Business Practices and Ethical Responsibility
May 27
The breach underscores significant ethical lapses in Wyze's business practices. Failing to secure customer data not only compromises user privacy but also reflects a broader pattern of neglect, especially in light of previous security issues and litigation. This negligence may erode consumer trust and expose marginalized users to privacy risks.
Wyze camera breach impacted data, privacy of about 13,000 customers
-80
Technology and Services Impact
May 27
Wyze's reliance on a third-party caching library without adequate stress testing led to a critical technological oversight. This failure not only jeopardized user data privacy by allowing unauthorized access to event thumbnails but also highlights systemic vulnerabilities in the company's smart home technology platforms.
Wyze camera breach impacted data, privacy of about 13,000 customers
- FEB162024
Wyze experienced a security breach where a system glitch due to a third‑party caching library led to approximately 13,000 home security users briefly being shown thumbnails or videos from other users’ cameras. The issue, which was triggered by an unexpected load condition and mixed device IDs, exposed users to privacy risks before the company implemented additional verification measures.
-40
Business Practices and Ethical Responsibility
May 27
The breach highlights a serious lapse in business practices and ethical responsibility as Wyze failed to adequately protect customer data. Exposing user footage, even inadvertently, represents poor adherence to security standards and undermines consumer trust.
Wyze breach: About 13,000 home security customers were shown someone else’s home
-30
Technology and Services Impact
May 27
The incident underscores a technological failure that compromised user privacy. The reliance on a third-party caching library without adequate safeguards contributed to a system malfunction under heavy load, highlighting risks in Wyze's technology and services.
Wyze breach: About 13,000 home security customers were shown someone else’s home
- FEB162024
Wyze experienced a significant privacy breach where thousands of customers unexpectedly received access to other customers' camera images and videos, and the company demonstrated a delayed and inadequate response in notifying affected users. This incident, following previous similar vulnerabilities, underscores systemic security and ethical shortcomings in its business practices and technological safeguards.
-60
Business Practices and Ethical Responsibility
May 27
Wyze's delayed and insufficient customer communication following repeated privacy breaches indicates a failure in ethical responsibility and business practices expected from a company entrusted with safeguarding customer data.
Why We’re Pausing Our Recommendation of Wyze Smart Home Devices
-50
Technology and Services Impact
May 27
Wyze's repeated security vulnerabilities expose significant flaws in its technology and services, where inadequate patching and delayed proactive customer alerts compromise user privacy and trust.
Why We’re Pausing Our Recommendation of Wyze Smart Home Devices
- OCT272023
Wyze has raised $110 million in a Series B funding round led by Marcy Venture Partners, the VC group founded by Jay-Z. The funding will be used to integrate advanced AI features, including person, vehicle, package, and pet detection, into its smart home product line, potentially reinforcing its market presence while keeping products accessible for a broad range of consumers.
+30
Technology and Services Impact
May 27
The funding will support the integration of advanced AI features into Wyze's products. This initiative not only enhances technology offerings but also democratizes access to innovative security solutions, empowering marginalized communities by making smart home technology affordable and accessible.
Jay-Z's VC Group Leads $110M Investment Into Smart Home Company Wyze
+20
Economic and Structural Influence
May 27
The injection of significant capital reinforces Wyze's market position and its ability to maintain low pricing, ensuring that advanced smart home technology remains accessible to a cost-sensitive consumer base, including marginalized communities that benefit from fair pricing and quality products.
Jay-Z's VC Group Leads $110M Investment Into Smart Home Company Wyze
- DEC042019
Wyze, a smart home technology company, experienced a significant data breach when an exposed Elasticsearch database leaked sensitive customer information, including emails, device details, and body metrics, affecting approximately 2.4 million customers. The vulnerability was present from December 4 until it was secured on December 26, 2019, raising concerns over the company's cybersecurity practices and the potential for such data to be misused in authoritarian contexts.
-40
Technology and Services Impact
May 27
The data breach highlights significant shortcomings in Wyze's cybersecurity measures, leaving sensitive customer information exposed. Given the importance of robust security in protecting digital rights against potential authoritarian misuse, this lapse reflects negatively on the company’s technology and services impact, posing risks that could be exploited by oppressive regimes. The event undermines trust and exposes vulnerable individuals to surveillance and potential harm.
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