Qihoo 360 calls for synergic development of cyberspace security

Guests look at the exhibition area of web security companies during the 4th China Internet Security Conference (ISC) at the China National Convention Center in Beijing, capital of China, August 16, 2016.[Photo/Xinhua]

"Some of our customers will purchase cyber protection products or services from not only one provider to meet their security standards and it's actually stimulating the synergic effect between the different protectors to work together," Qi said.

Another opportunity mentioned by Qi, to push forward the industry's development, is the permeation of the Internet of Things (IoT) and artificial intelligence (AI).

"Every parts of our life will be connected through the internet, and for some technology geeks or early adaptors who work in the industry, they are keen on promoting the interconnections between cyber security equipments," Qi said. "They're eager to lean advantages from their competitors."

Cyber security concerns in the IoT industry have attracted attention around the world as the industry experiences rapid growth and being embedded into people's everyday lives.