Smart Cities

Could BIM Be Vulnerable To WannaCry Style Ransomware Attacks?

Last month’s WannaCry cyber attack has underlined yet more vulnerabilities being created in our digital systems. The ransomware attack is considered the biggest of its kind, and the greater sophistication of the software used suggests this type of attack could soon target multi-million dollar projects, like those in the building industry. In what seems crude at first, extortionists fooled victims into opening malicious malware attachments to spam emails that appeared to contain invoices, job offers, security warnings and other legitimate files. From there, the ransomware encrypted data on computers and demanded payments of $300 to $600 for access to be restored. Many victims have already admitted to paying ransoms, using the digital currency bitcoin, but it is unclear what percentage. The cyber attack leveraged hacking tools now widely accepted to have originated, and been leaked, from the US National Security Agency (NSA). Targets were primarily focused on Europe and Russia although incidents were seen around […]

Stay ahead of the pack

with the latest independent smart building research and thought leadership.

Have an account? Login

Subscribe Now from just $400 per year per user for Access to Quality Independent Smart Building Research & Analysis!

What Exactly Do you Get?

  • Access to Website Articles and Notes. Unlimited Access to the Library of over 2000 Articles Spanning 10 Years.
  • 10% discount on ALL Memoori Research reports for Subscribers!
  • Industry-leading Analysis Every Week, Direct to your Inbox.
  • AND Cancel at any time
Subscribe Now

Most Popular Articles

Vega akenza acquisition
Smart Buildings

akenza Acquired by VEGA: Behind the 2026 IoT Deal

This Research Note examines the acquisition of the Swiss smart buildings IoT platform company, akenza AG by VEGA Grieshaber KG, a German manufacturer of industrial measurement technology. VEGA Profile Since 1959, VEGA Grieshaber KG has been developing and producing technology for level and pressure measurement for industrial process automation. VEGA’s measurement solutions are used in […]

IMI plc Acquisition iSMA CONTROLLI
Smart Buildings

IMI’s €63m Deal Targets Underserved Mid-Sized Buildings

This Research Note examines the acquisition of Italian building automation specialist iSMA CONTROLLI by IMI plc, the UK-listed engineering group.  We explore the transaction details, strategic rationale, the target company profile and IMI’s Climate Control sector, before commenting on the deal. Transaction Details IMI plc announced on 7th October 2026 that it has agreed to […]

Disruptive Technologies Water Sensor
Uncategorized

Disruptive Technologies Sold for $130M: What’s Behind the Deal?

This Research Note examines the acquisition of Disruptive Technologies announced by Digi International, a US provider of IoT connectivity products, solutions and services.  We highlight the transaction details and strategic rationale for the acquisition, before exploring the current business segments of Digi International and commenting on our view of the deal. Transaction Details A definitive […]

Subscribe to the Newsletter & get all our Articles & Research Delivered Straight to your Inbox.