IBM has found 17 zero-day smart city system exploits that could potentially bring core services to their knees.
This cybersecurity announcement was made at the Black Hat conference in Las Vegas this Monday. The company’s X-Force Red Team have demonstrated how old hacks are threatening the cybersecurity of the modern-day technology.
Smart city technology is estimated to reach $80 billion this year, and skyrocket to $135 million by 2021. The cities making use of this technology will become more eco-friendly, energy efficient, and manageable with the help of the following technologies:
– Traffic controllers
– Smart lighting
– Water and filtration systems
However, as comfortable as these elements will make our everyday lives, it opens us up to the risk of sustaining a cyber-attack, such as the one demonstrated by the compromise of Ukraine’s power grid. If cybersecurity is not considered every step of the way, every smart city could risk witnessing a similar scenario unfold.
Specifically, smart city systems developed by Echelon, Libelium, and Batelle were found to have vulnerabilities in them, making them susceptible to a cyber-attack.
Here’s a couple of words on each of these companies:
A wireless sensor network hardware manufacturer.
An organisation specialising in industrial IoT development.
A non-profit organisation that commercialises and develops related technologies.
Daniel Crowley, IBM X-Force Red researcher, stated that 8 out of 17 previously-unknown vulnerabilities are deemed critical in severity and should be dealt with immediately.