Hacking smart cities: Dangerous connections
L33tdawg: Opposing Force's talk on Abusing Smart Cities happens next Friday, 26th of August at 11:30am at #HITBGSEC
Once just a curiosity for technology enthusiasts, the Internet of Things (IoT) has become mainstream. In fact, the IoT security market is estimated to grow from USD 7.90 billion in 2016 to USD 36.95 billion by 2021, at a CAGR of 36.1%, according to MarketsandMarkets.
We’re not just talking about devices such as home lightning systems or audio receivers anymore. Today, we are witnessing a surge in the development of smart buildings, routinely plagued by a plethora of security issues. Connections keep getting smarter and bigger. In fact, just last month, the Netherlands and South Korea got their own, nationwide IoT networks.
Commercial real estate benefits greatly from IoT implementation. Gartner estimates that 1.6 billion connected things will be used by smart cities in 2016, an increase of 39 percent from 2015. Many organizations around the world are working on innovative solutions that aim to make smart cities more comfortable, energy efficient, and safe. Unfortunately, not many are seriously considering the IT security of their products.
