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Smart Cities Pose New Security Challenges and Opportunities

Smart Cities Pose New Security Challenges and Opportunities

SCHAUMBURG, Ill.--(BUSINESS WIRE)--May 29, 2018--As smart cities integrate connected technologies to operate more efficiently and improve the quality of city services, new vulnerabilities arise that require diligent governance of municipal technology. New ISACA research on smart cities reveals several key areas of consideration when it comes to the security of these cities and the critical infrastructure systems they depend upon.

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New research from ISACA examines cybersecurity issues related to smart cities. (Graphic: Business Wire)

Global survey respondents flag the energy sector to be the critical infrastructure system most susceptible to cyberattacks (71%), followed by communications (70%) and financial services (64%). Interestingly enough, energy and communications also are among the top three critical infrastructure sectors that respondents anticipate can benefit the most from smart cities, along with transportation.

The research shows that malware/ransomware and denial of service are the two most concerning types of smart infrastructure attacks. Additionally, respondents noted that cities’ smart infrastructure is most likely to be targeted by nation-states (67%) and hacktivists (63%).

Despite the many threats for which cities are specifically vulnerable, only 15% of respondents consider cities to be most equipped to contend with smart infrastructure cyber attacks, compared to 55% who think the national government would be better suited to deal with the threats.

“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,” said Robert E. Stroud, CGEIT, CRISC, past ISACA board chair and chief product officer at XebiaLabs. “Our urban centers 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 modernizing their information and technology infrastructure.”

The majority of respondents consider 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.

The need for more effective communication with residents living in a developing smart city also is apparent, as 3 in 4 respondents indicate that municipal governments have not educated residents well about the benefits of living in smart cities. Tapping into smart technology to modernize parking, ID systems and other city services can create efficiencies and lessen congestion.

ISACA’s research polled around 2,000 global respondents in February and March 2018. More information on the research and related resources can be found at www.isaca.org/smart-cities-survey.

About ISACA

Nearing its 50th year, ISACA® ( isaca.org ) is a global association helping individuals and enterprises achieve the positive potential of technology. Today’s world is powered by technology, and ISACA equips professionals with the knowledge, credentials, education and community to advance their careers and transform their organizations. ISACA leverages the expertise of its 450,000 engaged professionals in information and cybersecurity, governance, assurance, risk and innovation, as well as its enterprise performance subsidiary, CMMI ® Institute, to help advance innovation through technology. ISACA has a presence in more than 188 countries, including 217 chapters worldwide and offices in both the United States and China.

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View source version on businesswire.com:https://www.businesswire.com/news/home/20180529005775/en/

CONTACT: ISACA

Michelle Micor, +1.847.385.7217

mmicor@isaca.org

or

Kristen Kessinger, +1.847.660.5693

communications@isaca.org

KEYWORD: UNITED STATES NORTH AMERICA ILLINOIS

INDUSTRY KEYWORD: BUILDING SYSTEMS ENERGY OIL/GAS UTILITIES TECHNOLOGY HARDWARE INTERNET NETWORKS SOFTWARE TELECOMMUNICATIONS OTHER TECHNOLOGY TRANSPORT SECURITY PUBLIC TRANSPORT TRAVEL TRANSPORTATION PUBLIC POLICY/GOVERNMENT LAW ENFORCEMENT/EMERGENCY SERVICES HOMELAND SECURITY MOBILE/WIRELESS MANUFACTURING LOGISTICS/SUPPLY CHAIN MANAGEMENT STATE/LOCAL WHITE HOUSE/FEDERAL GOVERNMENT ENGINEERING ARCHITECTURE PROFESSIONAL SERVICES LANDSCAPE BANKING URBAN PLANNING CONSULTING DEFENSE OTHER DEFENSE NUCLEAR CONSTRUCTION & PROPERTY COMMERCIAL BUILDING & REAL ESTATE OTHER CONSTRUCTION & PROPERTY

SOURCE: ISACA

Copyright Business Wire 2018.

PUB: 05/29/2018 10:56 AM/DISC: 05/29/2018 10:55 AM

http://www.businesswire.com/news/home/20180529005775/en