Hikvision & Cisco hold parley on cybersecurity collaboration

Hikvision, the world’s leading supplier of innovative video surveillance products and solutions announced that it held a joint meeting in late April 2017 with Cisco, the worldwide leader in IT and networking at Hangzhou, China on cybersecurity collaboration.

The meeting marked the successful completion of the first phase of a collaboration that began in December 2016. Cisco is sharing its professional and sophisticated cybersecurity management experience and technologies with Hikvision, facilitating Hikvision’s globalization process.

During the April  meeting, CISCO cybersecurity experts reviewed results of first phase of the project and shared relevant experience and advice on the next step. They also recognized and lauded Hikvision’s dedication to safe R&D management.

Mr.Weiqi Wu, VP at Hikvision, said that Hikvision is committed to the highest possible levels of cybersecurity. “Although the company’s cybersecurity best practices are industry-leading, cybersecurity efforts must be ongoing. Going forward, Hikvision will continue to assess and improve its cybersecurity efforts in the R&D process, and strengthen its research on security technologies. Hikvision will also continue to deepen its collaboration and communication with the world’s top-notch cybersecurity companies, such as Cisco, to further improve cybersecurity in the security industry.”

Cybersecurity

Cybersecurity is the body of technologies, processes and practices designed to protect networks, computers, programs and data from attack, damage or unauthorized access. In a computing context, security includes both cybersecurity and physical security. Cybersecurity problems and attacks cause billions of dollars in losses every year. Beyond having an economic impact, they also have an impact in our daily lives as our technology dependence continues to grow. According to Forbes, the global cybersecurity market reached $75 billion for 2015 and is expected to hit $170 billion in 2020.