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 cyber security 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 cyber security management experience and technologies with Hikvision, facilitating Hikvision’s globalization process. 

During the April  meeting, CISCO cyber security 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.                                                                                                                            
Weiqi Wu, VP at Hikvision, said that Hikvision is committed to the highest possible levels of cyber security. “Although the company’s cyber security best practices are industry-leading, cyber security efforts must be ongoing. Going forward, Hikvision will continue to assess and improve its cyber security 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 cyber security companies, such as Cisco, to further improve cyber security in the security industry.” 

Cyber security 
Cyber security 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 cyber security and physical security. Cyber security 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 cyber security market reached $75 billion for 2015 and is expected to hit $170 billion in 2020.

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