So you just scan for devices and then read? There's no authorization involved, these just publish the readings wirelessly for all interested?
Maybe they could have required you to hit the ring on a surface to initiate pairing mode. But as it stands the ring will pair with any device that asks for it.
I'm looking forward to someone making a custom firmware for these rings. There is some work in the linked ATC_RF03 project, but I'm not sure if anyone is still working on it