Companies urged to beef up cybersecurity

With rapidly increasing cyberattacks on online data, Chinese companies and organizations need to beef up their input on cybersecurity, said a senior executive of technology major Qihoo 360 Technology Co.

Qi Xiangdong, chairman of 360 Enterprise Security Group, an internet security company affiliated to Qihoo 360, said as more companies and organizations enjoy the convenience brought by the internet and big data technologies, there remains increasing security risks.

"Entering a new era of big data, cybersecurity will become as important as money and online data will become a key target of online criminals and hackers."