GZ6G Technologies Integrates Smart City and Smart Venue Cybersecurity Through Green Zebra Networks, as Cyber Attacks Run Rampant Nationwide

Rhea-AI Summary

GZ6G Technologies Corp. (OTCQB: GZIC) announced an expanded offering aimed at enhancing cybersecurity solutions for smart city and venue infrastructures. This initiative is part of its strategy to address the increasing risk of cyber attacks targeted at IoT devices and networks. CEO Coleman Smith emphasized the importance of proactive cybersecurity measures, citing the financial implications of potential attacks. The company’s in-house division, Green Zebra Networks, is tasked with monitoring vulnerabilities to ensure effective protection against evolving cyber threats.

Positive

• Expanded cybersecurity offerings targeting smart cities and venues.
• Proactive approach to protect clients from evolving cyber threats.
• In-house team dedicated to monitoring vulnerabilities.

Negative

• Dependence on device manufacturers for firmware updates poses risks.
• Potential financial losses for clients from cyber attacks.

LAS VEGAS, NV, Dec. 08, 2021 (GLOBE NEWSWIRE) -- via NewMediaWire -- GZ6G Technologies Corp. (OTCQB: GZIC) today announced an expanded offering for clients focused on cybersecurity leadership initiatives designed to protect smart city and smart venue network infrastructures and future IoT technologies from cyber breaches through enhanced services provided by in house networks division, Green Zebra Networks.

“We’re initiating enhanced cybersecurity solutions as part of our value proposition to protect against the new wave of attacks coming in from sensors and other smart systems, such as ventilation or surveillance. We will continue to strengthen cybersecurity applications as we grow and develop new alliances,” said Coleman Smith, CEO of GZ6G. “Our Networks team of engineers constantly monitor and test for vulnerabilities. Cyber threats are constantly evolving, so our networks team is critical to securing all of the networks flowing through smart cities, airports, or any other large venue.”

A cyber attack can cost millions, and many companies believe they won’t have to pay until it’s too late. The US Federal Bureau of Investigation (FBI) recently reported that 49 organizations were preyed upon by one single hacker group to the tune of an estimated $43.9 million.¹

Many organizations consider the financial costs of losing data or being forced into paying a ransom, but they often neglect to assess the added damage of downtime. 

“What if you’re a law firm with twenty lawyers that bill at three hundred dollars an hour. If you can’t access data, that’s six thousand dollars an hour in lost revenue,” emphasized Larry DeCair, Sr. Solutions Architect, Green Zebra Networks.

Adopting IoT technologies creates vulnerabilities in adding more sensors and devices to a network. In addition, the security of these devices is dependent on manufacturers providing firmware updates and for network administrators to keep up with them.

“We make cybersecurity seamless,” said DeCair. “We make sure clients don’t have any open ports to the Internet, that they have multi-factor authentication on their email, and that firmware and patches are consistently updated. That’s the foundation of our platform to protect against these sophisticated cyberattacks.”

¹ Dobberstein, Laura. “Cuba ransomware gang scores almost $44m in ransom payments across 49 orgs, says Feds.” The Register, 6 Dec 2021

For more information about GZ6G Technologies visit:

www.GZ6G.com | www.gzsmartnetworks.com | Twitter: @greenzebra

NETWORKS Contact: Helen Young
helen.y@greenzebra.net

INVESTOR Contact: Coleman Smith
Cole@greenzebra.net

About GZ6G Technologies: OTCMarkets: (OTCQB: GZIC)

GZ6G Technologies is the complete enterprise smart solutions provider for large venues and cities.

GZ6G Technologies is focused on acquiring smart city solutions, developing innovative products, and overseeing smart cities and smart venues, and modernizing facilities and building operations with emerging 5G and Wi-Fi 6 technologies. Target markets include stadiums, airports, universities, and smart city projects.

GZ6G Technologies comprises four Divisions: Green Zebra Smart Labs: Software planning and development of applications integrated for enterprises, cities, stadiums, universities, commercial, and industrial technologies to optimize user engagement and streamline experiences. Solutions are powered by artificial intelligence, machine learning, data analytics for historical data, operation forecasting, and predictive monetization strategies. Green Zebra Smart Networks: Integrated wireless and IT consulting and infrastructure management for enterprise and mid-size organizations. Green Zebra technical teams will also provide technical support, cybersecurity, and procurement of networking hardware and software for enterprise-level clients. Green Zebra Smart Data: Cloud, hybrid, and on-premise Storage and multilayer security of servers for cloud computing solutions and remote management systems for co-location and hosting options for venues, cities, and customers. Green Zebra Smart Media: full-service marketing and advertising agency for cities, stadiums, and large venues to utilize digital media across the Green Zebra media network. Media trafficking and media placement powered by Green Zebra Labs data analytics and software. Since 2017, GZ6G Technologies is the trusted, smart solutions provider for clients such as Governor’s Island, NY, and the city of New York and the city of West Des Moines, Iowa.

Safe Harbor Statement:

In addition to historical information, this press release may contain statements that constitute forward-looking statements. Forward-looking statements contained in this press release include the intent, belief, or expectations of the company and members of its management team with respect to the company's future business operations and the assumptions upon which such statements are based.

Prospective investors are cautioned that any such forward-looking statements are not guarantees of future performance, and involve risks and uncertainties, and that actual results may differ materially from those contemplated by such forward-looking statements.

Factors that could cause these differences include, but are not limited to, failure to complete anticipated sales under negotiations, lack of revenue growth, client discontinuances, failure to realize improvements in performance, efficiency and profitability, and adverse development with respect to litigation or increased litigation costs, the operation or performance of the Company's business units or the market price of its common stock.

Additional factors that would cause actual results to differ materially from those contemplated within this press release can also be found on the company's website. The company denies any responsibility to update any forward-looking statements.

FAQ

What new initiatives has GZ6G Technologies launched regarding cybersecurity?

GZ6G Technologies has expanded its cybersecurity offerings to better protect smart city and venue infrastructures against cyber threats.

How does GZ6G Technologies plan to address cyber threats to its clients?

The company is enhancing its cybersecurity solutions by employing a dedicated team to monitor and secure networks within smart cities and venues.

What are the financial implications of cyber attacks mentioned by GZ6G Technologies?

GZ6G highlighted that cyber attacks can lead to significant financial losses, including potential downtimes costing thousands of dollars per hour.

What is the role of Green Zebra Networks in GZ6G Technologies' cybersecurity strategy?

Green Zebra Networks is responsible for testing and monitoring vulnerabilities to provide effective cybersecurity solutions for clients.