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Qihoo 360 Co-Founder Sees 5G Increasing Demand for Security Software

September 10, 2019 0:51 pm

Beijing (PingWest)- Zhou Hongwei, co-founder of Chinese internet security provider Qihoo 360 Technology, expects the rollout of 5G mobile services and expansion of the industrial internet to open up more opportunities for the company in China.

“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 added such advances in technology inevitably result in bugs and security gaps, which are the things that the Shanghai-listed cybersecurity firm addresses.

Zhou said “more cyberattacks are recently targeting infrastructure,” a trend that Qihoo 360 is closely monitoring amid plans to build up its capabilities for the enterprise and the public sectors.