Well this didn't take too long.

Researchers at HP have discovered that all brands of Smart Watches are vulnerable to various types of attacks.

Well duh! any item that has network access, uses blue tooth or has wireless information capabilities can be susceptible to some forms of attacks. Is this really anything new ? We continue to build cutesy gadgets that no one tests.  No one has learned lessons from the past 10 years that putting devices out in the ether can be hacked in some way or another. Are these people living in a dream world ? You ut out insecure items, you will be hacked and embarrassed at some point in time.

Read the article here