cyber security

“Cameras with weak cybersecurity are being installed in national infrastructure”: Hanwha Techwin Q&A

Cybersecurity, the growing importance of sustainability certification and dealing with the spectacular, price-driven success of Chinese CCTV brands – few topics are more taxing to vendors in the physical security market.

All of which and more are addressed by Youn Chul Kim, CEO of Korean surveillance camera innovator Hanwha techwin since August 2017, in the interview below. Kim also considers the company’s successes in 2017 and surveys the market and security threat landscape ahead in 2018.

Hanwha Techwin CEO Youn Chul Kim IG: What do you think was the biggest issue in the video surveillance market in 2017 and why?

Youn Chul Kim: In my opinion, the biggest issue in the market has been cybersecurity. I recall being stunned when I learnt that products developed by some of the world’s leading companies were being hacked so easily through back door methods. In addition, concerns regarding IoT devices installed and being hacked in homes have also been constantly raised.

In reality, the bigger issue lies with imported IP cameras whose cybersecurity is weak and yet they are being installed for high security and national infrastructure projects. Since IP cameras are connected to a network and allow us to check video feeds in real time anywhere and at any time, public organisations are exposed to hacking threats, putting them at a constant risk of national security leaks. IG: What are your views on how the threat landscape has evolved?

YCK: As terror and safety threats increase around the world, there is also a growing demand for security products. For the same reason, there is increasing demand for video surveillance, which stems from efforts to prevent crimes and terror threats, as well as protect public facilities and monitor natural disasters.

“The inflow of low-priced Chinese products has damaged the industry’s ecosystem”

Despite the global trends, the market has faced significant challenges due to the inflow of low-priced Chinese products. In my opinion, this has greatly damaged the industry’s ecosystem.

I believe that all companies, large or small, operating with the video surveillance supply chain, must learn to coexist, for example, through technological cooperation, in order to restore the ecosystem. IG: You were newly appointed as CEO on 8 August. What was your first priority?

YCK: After starting my new post, I focused on improving the profitability and the characteristics of our businesses. Rather than overexerting ourselves to achieve successful returns unconditionally in all business fields, my goal has been to strive for qualitative, not quantitative, growth through selection and focus. This is why we are planning to target specific strategic markets with our products.

The global market is changing rapidly. It is hard to predict what will happen tomorrow and we cannot forecast our business performance easily. Therefore, I will be leading our business by making quick decisions using a scenario-based approach every step of the way.

We will make bold investments to secure the core competitiveness of our businesses while considering ROI (return on investment), and enhance the step-by-step performance management process. IG: In 2017 Hanwha Techwin co- hosted the 17th ONVIF Developers’ Plugfest and won the Grand Prize at the High-tech Safety Industry Product and Technology Awards in Korea. What else did you accomplish last year?

YCK: Early this year, we succeeded with our global launch of the Wisenet X series featuring the Wisenet 5 chipset, packed with Hanwha Techwin’s core technologies. With the launch of the Wisenet X series, we have established a strong product line-up ranging from basic to high-performance and this has allowed us to bring improved technology to our customers. The Wisenet X series was awarded the Best New Product of the Year by ADI Global Distribution in the UK, and named the winner of the Video Surveillance Hardware category in the Benchmark Innovation Awards, also in the UK.

Recently, we won the Grand Prize at the High-tech Safety Industry Product and Technology Awards in Korea, awarded by the Minister of Trade, Industry, and Energy. These achievements made us realise that our technology is being recognised in both domestic and global markets. In addition, we have introduced our technology and created more opportunities to communicate with our customers by participating in global exhibitions such as Intersec, SECON, ISC and IFSEC.

By co-hosting a Developers’ Plugfest with ONVIF, we had an amazing opportunity to grasp current trends and discuss future directions in technology with leading companies around the world. “Cameras with weak cybersecurity are being installed in national infrastructure”: Hanwha Techwin Q&A IG: Hanwha Techwin launched the new extraLUX series in the second half of 2017.

What are the characteristics and advantages of these new products? YCK: The Wisenet X extraLUX series are products that demonstrate outstanding performance in extreme low-light environments. Featuring a 1/2-inch CMOS sensor with an F0.94 lens, extraLUX ensures clear and sharp images in low-light environments.

As the Sense-I technology applied to the Wisenet 5 chipset produces very little noise and motion blur, it is being praised as a product that sets a new bar for video monitoring quality.

“Some Wisenet X series camera models have been recognised as eco-friendly products that minimise greenhouse gas and CO2 emissions”

Some of the Wisenet X series camera models that were launched this year have been recognised as eco-friendly products that minimise greenhouse gas and CO2 emissions. For these products, we acquired Carbon Footprint Labeling Certification from the Korea Environmental Industry & Technology Institute. Carbon footprint labeling first started in the UK.

Ever since we acquired Carbon Footprint Labeling Certification for the first time in the CCTV industry in Korea back in 2010, we have been working tirelessly to acquire additional certifications. The demand for certified products is expected to increase in advanced and western markets that value the environment. Hanwha Techwin will continue to be at the forefront of creating an advanced eco-friendly industrial system that values the environment as the leader in the security industry.

IG: The industry is having a tough time with the deluge of low-priced Chinese products. How is Hanwha Techwin responding? YCK: It is true that large Chinese companies are quickly making inroads into the video surveillance market.

As a result, some SMEs that lack financial power have suffered significant damage over the past several years. The entire industry’s ecosystem has been severely damaged. However, a low pricing strategy alone can’t guarantee a dominant position in the market forever and I believe that it is now reaching its breaking point.

The video surveillance market is a market that is highly affected by products’ technology, stability and reliability. Lately, the video surveillance market has turned its attention to innovative solutions based on deep learning, and Hanwha Techwin is involved in developing these new technologies. I believe there is no cause for major concern as long as we continue to deliver high-quality products in the future.

We believe it is important to collaborate with other competitive companies that possess advanced technologies to achieve future growth together. Working together we can reach further. There is still a long journey ahead of us before we can expand further into the global market, but it will be easier if we learn to coexist and collaborate with other outstanding and carefully selected companies who are experts in their respective fields.

Meanwhile, we are differentiating our products from low-priced Chinese products by way of our manufacturing technologies and facilities, which ensure the safety and reliability of our products. We are also providing customers with added value solutions which enable them to achieve much more from their video surveillance systems and we are committed to offering the highest possible levels of pre- and post-sales support. IG: Hacking has become a hot topic for IP cameras.

How is Hanwha Techwin preventing and responding to hacking attacks both internally and externally? YCK: Hanwha Techwin has been monitoring security vulnerabilities and developing relevant policies and software since 2014. This was long before the concept of cybersecurity became popular in the video surveillance market.

Since January of 2016, we have been running the S-CERT Team, which independently deals with security breaches and other security issues. The S-CERT Team has not only established a permanent hacking response system, but also conducts regular penetration tests with industry-leading, third-party agencies and strengthens its security capacity.

“It is Hanwha Techwin’s policy not to set up a default password for all products upon shipment”

The S-CERT Team also manages security threats through preliminary testing from the product development stage to identify potential security risks and eliminate or minimise hacking risks. It is also Hanwha Techwin’s policy not to set up a default password for all products upon shipment.

This prevents users from using the default password provided by the manufacturer as doing so may weaken security. Our products are designed in a way that prompts users to set up their own secure passwords before using the products for the first time. Hanwha Techwin also provides a cybersecurity white paper and network device security enhancement guides to help users operate` our products more safely.

IG: What are your target markets next year and why? YCK: Globally there is a growing awareness of the importance of safety and security. In this environment, we have managed to win large projects in North American and European markets and provided major cities with urban surveillance solutions.

Our ability to compete for these projects was enhanced by offering sophisticated integrated solutions. We achieved this by matching our formidable range of cameras and recording devices with specialist analytics applications supplied by our preferred technology partners. We have been able to provide peace of mind to end-users, consultants, system designers and integrators by demonstrating the contractual relationships we have with these hand-picked technology partners.

All of this is backed by our extensive evaluation and testing of the respective server, cloud and out-of-box on-board camera solutions. I expect that the North American and European markets will continue to maintain a similar level of growth to that of 2017. We are also making aggressive investments, such as building a new plant in Vietnam to reach Asian markets with massive growth potential and establishing a new branch in branch.

We’re also working hard to build stepping stones and secure our market position by developing strategic relationships with partners and customers through advanced presales activities. IG: Can you tell us about Hanwha Techwin’s plans and goals for 2018? YCK: During 2018 we will be focusing on developing solutions for targeted vertical markets.

We have made great efforts to plan and launch solution-specific products this year and as an extension of such efforts, we will continue to determine and respond to the needs of customers in each vertical. In addition to our well-known and competitive camera line-up, we aim to make our back-end storage device line-up as competitive as our camera range. We will go beyond protecting the safety of our customers with outstanding products and solutions and become a company that builds even more trust with our customers.

In the industry’s ecosystem, customers are the most valuable asset.

“We abide by five core values: corporate ethics, outstanding products, unmatched quality, reasonable pricing, and cybersecurity”

To protect this precious asset, we abide by our five core values. Corporate ethics, outstanding products, unmatched quality, reasonable pricing, and cybersecurity. Based on these core values, Hanwha Techwin will continue to provide the best customer support during 2018.

With the confidence and sense of duty that comes with a commitment to be the No.

1 company in our field, we will strive to lead the global market as guardians of safety. IG: President Youn Chul Kim, please share some of your background and key accomplishments to date. YCK: I took over Hanwha Machinery’s Aviation Parts Division when it was in the red and brought it into the black as well as transforming the stagnant organisational culture into a more positive one with confident to take on challenges..

Whilst in the post of CEO, Hanwha Machinery became a strong machinery and equipment manufacturer, generating KRW 870 billion in revenue and making KRW 51 billion in profit before tax in 2016 (expected to reach KRW 1.08 trillion in 2017), and offering the biggest performance-based bonus year after year. Similarly, after taking on the role of CEO of Hanwha Precision Machinery, which had been in deficit for four consecutive years, I successfully managed to stabilise the business in the first half of 2017. “Cameras with weak cybersecurity are being installed in national infrastructure”: Hanwha Techwin Q&A

Free Download:[1] Security sector insights in the age of terror and the cyber-attack

This round-up of articles, which distills several presentations from IFSEC 2017 to their key tips and insights, focuses on counter-terror and cybersecurity – especially regarding physical security
systems – as well as drones, access control trends and CCTV procurement.

Click here to download now[2]

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“Cameras with weak cybersecurity are being installed in national infrastructure”: Hanwha Techwin Q&A

References

  1. ^ Free Download: (www.ifsecglobal.com)
  2. ^ Click here to download now (www.ifsecglobal.com)

BAE Systems launches cybersecurity tool for protecting integrated supply chains

Supply Chain Assurance

BAE Systems has launched Supply Chain Assurance, a cloud-based platform to protect integrated supply chains against cyber breaches.

Striving to optimise the speed and efficiency of their supply chain, organisations increasingly integrate their data and systems with those of suppliers. But this leaves them vulnerable to cybersecurity breaches at the suppliers. BAE Systems says Supply Chain Assurance mitigates the security risk of integrated supply chains without creating labour intensive supplier management problems.

One third of C-level executives fear that a vulnerability within their supply chain network will be responsible for a successful cyber attack on their organisation, according to research[1] by the defence and aerospace giant.

Sectors/verticals

BAE Systems is pitching this to businesses of all sizes, but it's essentially any business with integrated supply chains, so it's fairly enterprise level.

Features

  • Risk-based profiling
  • Three-tier assessment model
  • Based on recognised security standards
  • Automated scheduling and workflow
  • Centralised, secure data repository
  • On-demand MI & reporting
  • Prioritised remediation advice and management
  • Reduced effort for Procurement and Security teams
  • Engineered for scalability and security
  • Cost-effective billing options

Says BAE Systems

"Suppliers are vital to the success of every business," said Robin Oldham, Head of Cyber Security Consulting Practice at BAE Systems. "They increasingly have privileged access into their customers' systems and this makes them natural targets for attackers looking for an easy way in to steal business secrets and customer data. This is especially true where smaller suppliers can't match the resources and skills of their customers when it comes to cyber defence. "We have seen first-hand evidence of this in the recent case of Operation Cloud Hopper, where well-resourced attackers had targeted and infiltrated business process and IT outsourcers, to gain access to access their customers' networks."

"Our new Supply Chain Assurance service gives organisations the tools to quantify and understand the risk they are exposed to through their supply chain - one of the most vulnerable and underestimated network entry points." Supply Chain Assurance[2] was tested and readied for commercial use by applying it to BAE Systems Applied Intelligence's own supply chain. For further information, visit:

Free Download:[3] Security sector insights in the age of terror and the cyber-attack

This round-up of articles, which distills several presentations from IFSEC 2017 to their key tips and insights, focuses on counter-terror and cybersecurity - especially regarding physical security
systems - as well as drones, access control trends and CCTV procurement.

Click here to download now[4]

Related Topics

BAE Systems launches cybersecurity tool for protecting integrated supply chains

References

  1. ^ research (www.ifsecglobal.com)
  2. ^ Supply Chain Assurance (www.baesystems.com)
  3. ^ Free Download: (www.ifsecglobal.com)
  4. ^ Click here to download now (www.ifsecglobal.com)

WATCH: Why your computer can almost certainly be hacked via your processor

MELTDOWN AND SPECTRE

Researchers have uncovered alarming cybersecurity vulnerabilities in processors used in almost every computer in use on Earth.

Watch our short video below to find out more. [embedded content]

Download The smart buildings report 2017: installed base, benefits and challenges, cyber threat and barriers to adoption[1]

IFSEC Global polled hundreds of professionals involved in the building supply chain and management of commercial premises to understand the changing 'smart building' landscape.

Free Download:[2] Security sector insights in the age of terror and the cyber-attack

This round-up of articles, which distills several presentations from IFSEC 2017 to their key tips and insights, focuses on counter-terror and cybersecurity - especially regarding physical security
systems - as well as drones, access control trends and CCTV procurement.

Click here to download now[3]

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WATCH: Why your computer can almost certainly be hacked via your processor

References

  1. ^ The smart buildings report 2017: installed base, benefits and challenges, cyber threat and barriers to adoption (www.ifsecglobal.com)
  2. ^ Free Download: (www.ifsecglobal.com)
  3. ^ Click here to download now (www.ifsecglobal.com)