Reader's Response Draft 1

 

According to Lecomte (2019), the real estate industry needs a proper certification program for innovative technology prone to hacking and cyberattacks to minimise risks. Lecomte states that a "smart building should have common standards" and metrics similar to green buildings. Lecomte states that in the current context, there are no official international standards for intelligent building. Therefore, developers can only rely on the "Honeywell Smart Building Score (HSBS)" as they are one of the well-known corporate indicators in this field. In comparison, others would self-implement a framework that caters to their occupant's needs. Lecomte mentioned that if an official international standard were to be established, cyber security in an intelligent building should be considered a framework factor. In Lecomte statements, he said that there had been numerous breaches in recent years. Hackers gained client information through building maintenance operators (Lecomte,2019 cited in ANREV,2013). In my opinion, protecting the cyber security of a building should be a priority for building developers.

 

Osburn et. al (2020) states that the usage of IoT devices has been increasingly seen in buildings to help in the management of building processes. Developers often enjoy the level of ease that IoT brings them as it showcases areas for improvements. These devices are connected to networks like the internet or systems specifically for building management. However, these benefits do come with risks as well. It is mentioned that “These risks are due to five foundational issues that allow IoT vulnerabilities to flourish: 1. Device Production/ Supply Chain Management 2. Device Quantity 3. Public Policy 4. Privacy 5. Organizational and cultural dynamics” These factors will in turn lead to bringing external risks such as the risk loss of financial information, losing reputation, disruption in operations and physical/ safety risks.

 

A Business Times (2021) article states that in recent years, there has been a rise in security violations which has become a new phase during the Covid-19 pandemic as it has given a big boost to digital technology being applied to smart city services. One of the telecom services in Singapore MyRepublic, was hacked by hackers. Personal information of almost 79,800 telecom subscribers were accessed by them. The rise in cyber-attacks and smart city projects are not incidental. Without any humans controlling the systems, smart cities also use interrelated devices that trades information such as sensors to provide the latest traffic condition status. Hackers find systems that collects data in smart cities and key facilities such as hospitals desirable targets to obtain personal information from which will bring them good profits in the black market.

 

 

Reference List

 

Laura, O., Jessica, B., Carrie, D., Chuck, B. (2020) Internet of things and cybersecurity risk  https://cyber.be.uw.edu/wp-content/uploads/sites/64/2021/02/Part-I_IoT-and-Cybersecurity-Risk_V2.pdf

 

The Business Times (2021, 29 September) As hackers get smart, cities need even smarter cybersecurity https://www.businesstimes.com.sg/opinion/as-hackers-get-smart-cities-need-even-smarter-cybersecurity

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