Smart Cities

Undetected Hacks of IoT Devices May be Straining our Power System & Strangling our Economy

“We’ve all seen the headlines: A major cyber attack on the US electric grid could cause over $1 trillion in economic impact,” says Yotam Gutman, VP Marketing at SecuriThings. “Nevertheless. to date, there have been no recorded cyber attacks on power facilities that have caused a major physical catastrophe or long blackout,” he points out. The absence of catastrophic cyber attacks on our power systems is, of course, a good thing but it raises certain questions, namely – why hasn’t it happened yet? Maybe no one is attacking. Not according to Energy Secretary Rick Perry, who officially states that these cyberattacks are “literally happening hundreds of thousands of times a day.” While an alert issued by the Department of Homeland Security and the FBI, states that “since at least March 2016, Russian government cyber actors targeted government entities and multiple US critical infrastructure sectors, including the energy, nuclear, commercial facilities, water, aviation, and critical manufacturing […]

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

Mitsubishi Electric Acquisition Nozomi Networks
Smart Buildings

Mitsubishi Electric’s $883m Nozomi Networks Acquisition Strengthens OT Security Portfolio

This Research Note examines the acquisition of Nozomi Networks announced by Mitsubishi Electric on 9th September 2025. We explore the transaction details and strategic rationale before assessing their Serendie-related digital services businesses and the acquisition’s impact on the Iconics Digital Solutions subsidiary of Mitsubishi Electric. Tranaction Details On 9th September 2025, Nozomi Networks, a US […]

Smart Buildings

Facilio’s Unified Building Operations Strategy: Solid Revenue Growth in 2024

This Research Note examines Facilio, one of 11 startups founded in India gaining traction in the smart buildings space, previously highlighted in our Startups in Smart Buildings Report, published in January 2025. We review their Operations & Maintenance (O&M) platform, disclosed company funding, and unified building operations strategy before providing our own view of this […]

Smart Building IT Managed Services
Smart Buildings

IT Managed Services: The New Blueprint for Smart Building Success in 2025?

Commercial buildings are rapidly becoming software-defined assets. Cloud-based IoT platforms, expanding sensor networks and data-hungry applications are reshaping everything from HVAC and lighting to space utilization and tenant services. This digital shift promises measurable gains in sustainability and efficiency, but it also raises the stakes for networking, cybersecurity and lifecycle operations. What part will IT […]

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