Story image

Smart cities changing the world - and the cyber risks that go with them

31 May 2018

The birth of smart cities has enabled integration of many technologies to improve quality of life and efficiencies, however the cities and their underlying critical infrastructures must be strengthened against the risk of cyber attacks, says ISACA.

ISACA conducted a study of 2000 global respondents about their views on smart cities, and in particular what sectors they consider to be most vulnerable.

71% of respondents believe the energy sector is one of the critical infrastructure systems most susceptible to attacks, followed by communications (70%), and financial services (64%).

Those sectors are also the most important critical infrastructure sectors that will benefit most from smart cities, alongside transportation. More than half (55%) of respondents believe national governments would be best suited to deal with threats, while only 15% believe the specific cities themselves are best equipped to deal with smart infrastructure cyber attacks.

“Before our cities can be identified as being ‘smart,’ we must first and foremost transfer this smart attitude to the way we approach and govern the rollout of new technology and systems,” comments Robert E Stroud, past ISACA board chair and chief product officer at XebiaLabs.

Respondents believe that malware, ransomware, and denial of service attacks are the most concerning attack types.

However, AI for cybersecurity and smart grids will become important, according to the respondents.

78% say AI for cybersecurity is important for security, resilience, and preparedness. 36% expect AI for cybersecurity to be widely deployed within the next five years.

Sixty-seven percent of respondents also believe that smart cities’ infrastructure would most likely be targeted by nation-states, while 63% believe hacktivists would also target smart cities.

“Our urban centres have many potentially attractive targets for those with ill intent, so it is critical that cities make the needed investments in well-trained security professionals and in modernising their information and technology infrastructure.”

Most respondents believe that implementing new tools and techniques such as smart grids and artificial intelligence for cybersecurity to be important, but less than half of respondents consider those likely to be implemented in the next five years.

Three quarters of respondents also say that municipal governments have not done enough to educate citizens about the benefits of living in smart cities, while 67% say city governments require improvements in tech-savvy leadership and vision.

ISACA says that tapping into smart technology to modernise parking, ID systems and other city services can create efficiencies and lessen congestion.

ISACA’s survey was conducted between February and March 2018.

Privacy: The real cost of “free” mobile apps
Sales of location targeted advertising, based on location data provided by apps, is set to reach $30 billion by 2020.
Myth-busting assumptions about identity governance - SailPoint
The identity governance space has evolved and matured over the past 10 years, changing with the world around it.
Forrester names Crowdstrike leader in incident response
The report provides an in-depth evaluation of the top 15 IR service providers across 11 criteria.
Slack doubles down on enterprise key management
EKM adds an extra layer of protection so customers can share conversations, files, and data while still meeting their own risk mitigation requirements.
Security professionals want to return fire – Venafi
Seventy-two percent of professionals surveyed believe nation-states have the right to ‘hack back’ cybercriminals.
Alcatraz AI to replace corporate badges with AI security
The Palo Alto-based startup supposedly leverages facial recognition, 3D sensing, and machine learning to enable secure access control.
Ensign and IronNet partner to create cyber analytics capabilities
The Singapore-based joint venture will form a Cyber Analytics Center for Excellence focused on securing regional enterprises from sophisticated cyber threats.
Unencrypted Gearbest database leaves over 1.5mil shoppers’ records exposed
Depending on the countries and information requirements, the data could give hackers access to online government portals, banking apps, and health insurance records.