I'm not sure why they created another "Solution" without a problem but realistically for about 30 pounds you can get a sound and heart monitor that works with a board underneath the baby, no internet, it just works and it works well. Alarm sounds should it stops detecting a heart beat and you can hear if baby starts crying.
This has next to no security and you are reliant on someone else's servers to be up and running along with the internet. It's about time someone informs the public of the dangers of these devices and passes laws requiring mandatory security and service level agreements. Maybe when a botnet of these things takes down a bank or a government website they might take notice.