America’s cities are under cyberattack. That’s bad news for IoT and Smart Cities
At 5:40 a.m. on Thursday, March 22 the City of Atlanta’s municipal computer system was hit by a ransomware attack that encrypted a number of important internal and customer facing applications, including some that residents use to pay bills or access court-related information.
As an added precaution, the city’s Hartsfield-Jackson Airport, one of the busiest in the world, shut down its free WiFi network. The city’s 8,000 employees were told to unplug their computers and refamiliarize themselves with pens and paper. Mayor Keisha Lance Bottoms even joked that it might be “a good exercise in penmanship for younger employees.” On a more serious note, the mayor added:
This is really much bigger than a ransomware attack. This was an attack on our government, which means it was an attack on all of us. This is a hostage situation.
Six days later, city workers were allowed to reboot, but affected programs—like apps to allow residents to pay their water bills or traffic tickets online—were still locked and encrypted.
Continue reading on diginomica.com
Municipal bonds are securities issued for the purpose of financing local infrastructure needs, and cities are increasingly using these tools for enabling smart cities projects.
The U.S. Department of Agriculture offers loans, grants and loan guarantees to help create jobs and support economic development and essential services such as housing, health care, first responder services and equipment, and water, electric and communications infrastructure.
From AI to blockchain, what separates the hype from the real opportunities in the new age of investing technology? Join editors from The Economist and leaders from Venture Smarter, the world's premier financial institutions, wealthiest families, largest companies, most innovative startups and most influential foundations for the third annual Investing for Impact event.
Multiple IoT platforms for cities exist on the market today. How do they compare? What arguments exist on the open source vs proprietary solutions divide? How do these platforms compare in costs, functionality, security and ecosystem?
Join leaders from Venture Smarter, IEEE Smart Cities and more at the 23rd Annual ARC Industry Forum in Orlando, Florida to explore how digitizing factories, cities, and infrastructure will benefit technology end users and suppliers alike. Here are some top reasons for you to attend!
This January, we were happy to co-host the U.S. Opportunity Zone Expo in partnership with the US Dept. of Treasury and the National Infrastructure and Investment Alliance (NIIA). Here are a few takeaways from Venture Smarter’s SVP of Governance and Policy, Rhonda Binda.
Join Venture Smarter and our partners at one or more of these events to connect with industry insiders, practitioners, solution partners, and project planners working to build better places to live, work, and visit.
Recent developments out of the U.S. Treasury and the White House related to Opportunity Zones show that this initiative is gaining momentum as 2019 begins.
Attending the Consumer Electronics Show in Las Vegas? Connect with Venture Smarter executives, team members, and partners at the show!
The Washington Post Live: Innovative startups and advocates who are working with urban communities to create the digital infrastructure for the cities of tomorrow discuss the opportunities and challenges of smart cities.