China’s 5G, industrial internet roll-outs to fuel more demand for cybersecurity
- Adoption of advanced technologies will inevitably result in bugs and security gaps, Qihoo 360 chief says
Zhou Hongyi, co-founder of Chinese internet security provider Qihoo 360 Technology, expects the roll-out of 5G mobile services and expansion of the industrial internet to open up more opportunities for the company in the world’s second largest economy.
“With more advanced technologies bringing more automation and convenience in the world, the software behind it gets more complex,” said Zhou, Qihoo 360’s chairman and chief executive, in an interview on the sidelines of the recent Smart China Expo held in Chongqing in southwest China.
He said such advances in technology inevitably result in bugs and security gaps, which are the things that the Shanghai-listed cybersecurity firm addresses.
China’s three major telecommunications network operators are now in the middle of their initial commercial 5G network roll-outs, while the country’s biggest smartphone vendors have started introducing 5G handsets.