Hikvision, the world’s leading supplier of innovative video surveillance products and solutions, and EY China advisory, held a joint conference for the launch of the information security development project in Hangzhou, China. With the experience of the risk advisory team in information security, EY assists Hikvision in developing its information security management in response to the increasing cyber security risks. The EY project team leverages its expertise and knowledge in cyber security to support Hikvision with conducting information security assessments at its group level and R&D centre. Furthermore, regarding this collaboration, EY will continually share industry leading practices to further assist Hikvision in meeting the challenges that lay ahead in cyber security risk transformations.
Weiqi Wu, VP at Hikvision commented, “As a world leading CCTV and video surveillance equipment manufacturer, Hikvision understands very well the importance of product safety for users, and is committed to taking effective measures to improve the safety of our products and services. For example, Hikvision’s information security assurance efforts are built into the life cycle of its products, including development, verification, manufacturing, delivery and service. Besides, we also actively work with world-leading advisory service organisations, and learn from their experience as well as their advanced management techniques. The cooperation with EY helps us to gain advanced technical and management experience in the area of security, and further improve the company’s cyber security capabilities and management standards, so as to provide our valued customers with the highest quality and most reliable products”.
The Internet of things (IoT) has been playing an important role in the new round of industry transformation such as ‘Industry 4.0’, ‘Smart City’, ‘Internet +’ etc.. The rapid development in the IoT world is increasingly raising concerns about whether IoT increases our exposure to cyber threats. As an industry leader, Hikvision has long term plans and thoughtful considerations for its own information security management system establishments. “EY is very happy to assist Hikvision in information security development. By integrating our global resources including successful credentials, industry practices, professional expertise, as well as local cyber security experts, EY will assist Hikvision to meet the challenges of increasing cyber security risks and obtain mutually beneficial and win-win cooperation.” Said Keith Yuen, the cyber security service partner of EY greater China.