This vendor-written piece has been edited by Executive Networks Media to eliminate product promotion, but readers should note it will likely favour the submitter's approach.
Car navigation systems that can predict where and when traffic jams might occur, by siphoning data from sensors in roads and other vehicles. Cameras that can spot litter in public places and call in the cleaning crew. Self-adjusting street lamps.
These are just a few of the scenarios that could become commonplace as smart cities take hold over the next few years. Driven by rising urbanisation and fueled by technologies such as the Internet of Things (IoT) and data analytics, smart cities are on the cusp of explosive growth. Glasgow, Barcelona, Nice, New York City, London and Singapore have already embarked on the trek. The smart city technology market could be worth US$27.5 billion annually by 2023, according to Navigant Research.
Smart city initiatives are driven by public sector initiatives. However, they will have a big impact on businesses. CIOs will have to learn how to tap on the new connected city infrastructure for their business. Smart city technologies like IoT and data analytics are expected to drive innovative business ideas in the future.
But the new wave of smart city services and technologies are also expected to create new security vulnerabilities. Here are FIVE areas CIOs should watch out for.
1. A further fragmentation of IT
The last few years saw a rapid proliferation of cloud services and mobile device adoption in the workplace. The trend has transformed business productivity. But it has also wrecked the tight-fisted control that CIOs used to be able to exert on their IT systems.
CIOs now have to grapple with the idea of employees using unsanctioned cloud services via unsecured phones to hook up to corporate servers and accessing sensitive business data. The expected explosion of IoT devices - researchers estimate that by 2020, the number of active wireless connected devices will exceed 40 billion worldwide - will result in a further fragmentation of IT in businesses.
Instead of fighting the losing battle of trying to lock down devices and services, CIOs should look at protecting the data. Look for IoT devices that offer device-to-device encryption. Consider implementing - as well as bolstering - comprehensive encryption schemes to protect data in networks, cloud services and endpoint devices.
2. Device vulnerabilities
In the past year, security researchers have exposed holes in Wi-Fi-enabled Barbie dolls, Jeep Cherokee cars, fitness trackers and other new-fangled connected devices. Fortinet's FortiGuard Labs already see IoT based attacks on the radar and happening in real time around the world. This shows the risks that are coming as toys, wearables, cars and power grids get attached to sensors that are linked to a common network and the Web.
Sign up for MIS Asia eNewsletters.