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Cybersecurity center stage at World Internet Conference

Zhu Shenshen
Rapid advancement of artificial intelligence and increasing interconnectedness of devices pose new challenges for individuals, organizations, and governments, WIC in Wuzhen hears.
Zhu Shenshen

The rapid advancement of artificial intelligence and the increasing interconnectedness of devices have expanded the battleground for cybersecurity, posing new challenges for individuals, organizations, and governments alike. This critical issue was a central theme at the World Internet Conference 2024, held in Wuzhen in Zhejiang Province.

Cybersecurity center stage at World Internet Conference
SHINE

Firms were honored with the Distinguished Contribution Award at the World Internet Conference in Wuzhen.

Globalization of cybersecurity

Qi-Anxin Technology Group, a leading cybersecurity firm, was honored with a Distinguished Contribution Award at the conference.

The company has been expanding its global footprint, securing a significant 300 million yuan (US$42.2 million) deal in 2023, the largest overseas cybersecurity deal for a Chinese company.

Qi Xiangdong, its chairman, highlighted the growing security risks associated with the increasing connectivity of vehicles, roads, and cloud infrastructure in the autonomous driving sector.

He emphasized the need for robust cybersecurity measures to protect critical systems and data.

In 2030, the new vehicle-related security market revenue will hit 2 trillion yuan.

Cybersecurity center stage at World Internet Conference
Ti Gong

Shanghai-based Hehe won a contest at WIC to use AI technology to fight online fraud and deep fakes in the financial industry.

AI-powered security solutions

Shanghai-based Hehe won a contest at WIC for using AI technology to fight online fraud and deep fakes in the financial industry.

The company's technology leverages AI to detect and mitigate sophisticated cyberattacks, ensuring the security of sensitive financial information and the identity of users.

While bringing convenience to people's lives, AI has also created unprecedented security challenges. It has become an "attack and defence" battle for a while, Hehe said.

Kaspersky, a global cybersecurity leader, has been a regular participant at WIC since 2014. The company has been collaborating with Chinese partners to develop advanced security solutions tailored to the specific needs of the Chinese market, said Alvin Cheng, general manager of Kaspersky China.

One of its notable achievements was the detection of a critical security vulnerability in Apple's iPhone with iMessage loopholes. It could have allowed attackers to take complete control of users' iPhones and data.

Cybersecurity center stage at World Internet Conference
Zhu Shenshen / SHINE

A notable achievement of Kaspersky was the detection of a critical security vulnerability in Apple's iPhone.

Chip-level security: A foundation for the future

Chip-level security has emerged as a crucial component of cybersecurity, with the rapid growth of the digital economy and the rise of artificial intelligence, said Hygon Information Technology. The chip firm also won a WIC award in Wuzhen.

Hygon developed a CPU infrastructure, collaborating with software partners to provide solutions for sectors including government, health care, finance, transportation, and energy.

The Hygon's C86 chip architecture incorporates a multi-dimensional security framework, leveraging cryptography, trusted computing, confidential computing, and other security technologies. This approach ensures enhanced security without compromising performance, said Hygon,which is listed on the Shanghai STAR Market with a market value of 298.7 billion yuan.

"Chip-level security is a critical line of defense," said Ying Zhiwei, vice president of Hygon. "Unlike software vulnerabilities, chip-level risks can be more devastating. We believe that the chip is the foundation of secure computing."


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