In the era of rapid urbanization and technological advancement, the emergence of smart cities promises innovative solutions to urban challenges. However, the integration of various technologies into urban infrastructures also exposes cities to unprecedented cybersecurity threats. This review presents a comprehensive review of the cybersecurity challenges faced by smart cities and explores the strategies to mitigate these risks. Smart cities leverage interconnected networks of sensors, devices, and systems to enhance efficiency, sustainability, and citizen services. Yet, this interconnectedness creates a complex attack surface vulnerable to cyber threats. One of the primary challenges is the diverse range of IoT devices deployed across smart city infrastructures, often lacking robust security mechanisms. These devices are susceptible to exploitation by cybercriminals for malicious activities, such as data breaches, sabotage, and surveillance. Moreover, the interconnected nature of smart city systems amplifies the potential impact of cyberattacks, posing significant risks to critical infrastructure, public safety, and privacy. Threat actors can exploit vulnerabilities in interconnected systems to disrupt essential services, manipulate data, or even cause physical harm. As smart cities rely on data-driven decision-making, the integrity and confidentiality of data become paramount concerns. To address these challenges, various cybersecurity strategies have been proposed and implemented. These strategies encompass a multi-layered approach, integrating technical solutions, regulatory frameworks, and collaboration among stakeholders. Technical measures include encryption, authentication mechanisms, intrusion detection systems, and secure software development practices. Additionally, implementing robust access controls and network segmentation can limit the scope of potential attacks. Furthermore, regulatory initiatives play a crucial role in enhancing cybersecurity standards and promoting compliance among smart city stakeholders. Establishing clear guidelines for data protection, privacy rights, and incident response protocols is essential to safeguarding citizens' interests. Collaboration among government agencies, private sector partners, academia, and cybersecurity experts fosters information sharing and collective defense against emerging threats. Securing smart cities against cybersecurity threats requires a concerted effort to address the multifaceted challenges posed by interconnected technologies. By implementing comprehensive strategies encompassing technical measures, regulatory frameworks, and collaborative approaches, smart cities can mitigate risks and foster a resilient and secure urban environment for all citizens.