Cyber Crime creates new insurance industry

Only yesterday the edgeDC team watched a vendor presentation around Cyber crime and its affects on the digital world, then ironically we read this headline this morning: http://www.abc.net.au/news/2015-10-09/cyber-attack-insurance-growing-fast/6842744

What affect will this have and how do you ensure the most secure network possible when designing something like a smart city, where just about everything has an IP address?

What would it mean to have the street lighting of a region hacked? The CCTV cameras? Some serious challenges ahead for network security design.