Smart city The intersection of software with the physical world raises the specter that software glitches or hacking could result not just in devices that don’t work the way they should, but that cause serious property damage or injury to life and limb. (Image: Shutterstock)

The advent of “smart cities” — made possible by the burgeoning “Internet of Things” (IoT) — presents revolutionary opportunities for municipal planners and developers, and the private business enterprises partnering with them.

Along with those opportunities, however, come new types of risks that should be taken into account by governments, businesses and affected interest groups.

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