Page 43 - Cyber Defense eMagazine for August 2021
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Four Ways Smart Cities Can Stay Safe in An


            Interconnected World
            Mitigating the risks of cyber threats through cyber intelligence and frontier technologies

            By Ritesh Kumar, Chairman & CEO, CYFIRMA



            Smart cities bring about an abundance of benefits for a nation – a more liveable space for citizens, a
            thriving business environment, and greater economic growth. It is therefore no surprise that world leaders
            and nations are focused on developing critical infrastructure and rolling out technologies to build up their
            own smart cities.

            However, with the increased connectivity and interconnectivity of smart systems comes greater risks and
            opportunities for threat actors to attack and take down critical systems and services swiftly.
            One example of such cyber threats is ransomware, which smart cities are particularly vulnerable to. The
            interconnectivity of smart systems creates more openings for cybercriminals to launch attacks, and self-
            propagating malware can easily take down these key systems rapidly and lead to breakdowns of critical
            services, affecting the lives of citizens.

            Just a few months back, the ransomware attack on the Colonial Pipeline in the United States affected
            nearly  half  of  the  east  coast’s  fuel  supply.  We  have  also  detected  multiple  ransomware  attacks  on
            government and utility organizations recently, such as a hit on renewable energies and multi-source
            electricity producer Voltalia which resulted in a large amount of business-critical and sensitive data being
            exfiltrated,  as  well  as  a  potential  data  leak  of  personal  identifiable  information  (PII)  from  an  Indian
            database that is suspected to be government-related.

            These incidents serve as a cautionary tale and hammers home the importance of having a clear, effective
            cyber defense strategy. As government leaders continue in their missions to build up smart cities, they
            need to proactively mitigate the risks of cyber threats through the following four considerations.






            Cyber Defense eMagazine – August 2021 Edition                                                                                                                                                                                               43
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