The Telegraph reports that as televisions become ‘smarter’, many consumers are left vulnerable by the very features that these TVs are touting. Namely the ‘red button’. It allows the TVs users to, with the press of a button, access the internet tools in the TV, but it also allows hackers to access accounts and commit fraud and theft. User names and passwords are stored in the TV and hackers are able to use those credentials to gain access to the social media and possibly even e-commerce sites that those credentials are associated with.
Read about this vulnerability here.