China-Singapore Jingwei Client, July 15 (Song Yafen, Ma Jing) The network security industry has ushered in new policy dividends. The Ministry of Industry and Information Technology and other relevant departments have issued documents for two consecutive days to support the healthy development of the network security industry.

  In a document issued by the Ministry of Industry and Information Technology on July 12, a "Three-Year Action Plan" was tailored for the cybersecurity industry, striving to exceed 250 billion yuan in the industry within three years, making the cybersecurity industry that is in the midst of a boom once again become a capital market. The "darling".

  In the past three years, what is the strength of the cyber security industry?

Favorable now, how to start the next journey?

Multiple factors promote the acceleration of network security construction

  On July 12, the cyber security sector on the A-share market was hot, and more than a dozen stocks including Qi Anxin rose by their daily limits.

The main reason for disturbing the capital market is the "Three-year Action Plan for the High-quality Development of the Cyber ​​Security Industry (2021-2023) ("Draft for Comment") (hereinafter referred to as the "Action Plan") issued by the Ministry of Industry and Information Technology that day.

The Action Plan clearly states that by 2023, the network security industry will exceed 250 billion yuan, with a compound annual growth rate of more than 15%.

  The Action Plan is only one part of recent cybersecurity-related policies.

The previously promulgated "Data Security Law of the People's Republic of China" (June 10), "Cyber ​​Security Review Measures (Revised Draft for Solicitation of Comments)" (July 10) followed by the "Actions" issued on July 12 and 13 The "Plan" and "Regulations on the Management of Security Vulnerabilities in Network Products" not only showed the "determination" at the policy level, but also contributed to the soaring popularity of the topic of network security.

  Experts believe that it is urgent to strengthen the construction of network security regardless of the international situation or the domestic network security situation.

  Liu Quan, director of CCID Cyber ​​Security Research Institute, said in an interview with Sino-Singapore Jingwei Client that from the perspective of the international situation, cyber security game confrontation is becoming increasingly fierce, cyberspace trust environment is deteriorating, and global cyberspace has entered a period of turbulent change.

Accelerating the construction of network security is to comply with the development trend of network security in major countries in the world.

From a domestic perspective, the complexity of data application technology, the risk of massive data aggregation, and the privacy and security of in-depth data mining have brought challenges and challenges to traditional data security assurance capabilities, data security supervision models, and data governance rules.

  Meng Nan, vice chairman of the information network field of the China Academy of Information and Communications Technology, and director of the Cyber ​​Security Research Department of the Institute of Security Research also emphasized the urgency of strengthening network security.

She believes that with the increasing integration and closeness of information technology with daily production and life, security considerations become more important.

The current information infrastructure carries a large amount of user data, and the data itself is increasingly important.

"When data becomes a factor of production, it is necessary to strike a good balance between making full use of the factors of production and protecting user privacy."

  According to the “Overview of my country’s Internet Cyber ​​Security Situation in 2020” issued by the National Internet Emergency Response Center (CNCERT), my country’s cyber security threat governance has achieved remarkable results in 2020. CNCERT has coordinated and handled approximately 103,000 cyber security incidents, a decrease of 4.2 year-on-year. %.

However, there are still some difficulties in the management of illegal sales of personal information, the use of historical major loopholes, the upgrading of ransomware technical methods, and the control of webpage counterfeiting.

  Demand drives the market, and the resolution of network security issues calls for the rapid development of the network security industry.

Liu Liehong, a member of the Party Group and Deputy Minister of the Ministry of Industry and Information Technology, pointed out at the 2020 China Cyber ​​Security Industry Summit Forum that a new generation of information technology such as 5G and artificial intelligence is accelerating the integration of the real economy, and new models and new business formats continue to emerge, which are driving the economy. At the same time that society is innovating and developing in an all-round way, network security risk challenges also follow, which puts forward higher requirements for the development of the network security industry.

Policies help to target 250 billion yuan in three years

  Regarding policy support, Meng Nan said: “The three-year action plan made by the Action Plan for the cybersecurity industry has an important encouragement effect on the development of the entire industry. The response of the financial market is showing that the market is very positive about the industry’s prospects. positive attitude."

  Liu Quan also pointed out in the interview that the "Action Plan" will promote the development of the network security industry from both the industry side and the demand side.

On the one hand, from the industrial supply level, the network security supply quality on the industrial side is improved to stimulate the innovation vitality of enterprises.

On the other hand, guide demand-side user units to strengthen network security capacity building, change the security protection system from the past compliance-oriented to capability-oriented, fully release network security needs, and form a high-level dynamic balance of demand-driven supply and supply-created demand .

  According to the survey results of the "White Paper on China's Cybersecurity Industry (2020)" released by the China Academy of Information and Communications Technology, the growth rate of the global cybersecurity industry in 2019 is 9.11%.

  "Relatively speaking, the 15% growth rate proposed in the Action Plan is a very high value worldwide, especially in the context of the epidemic." Meng Nan believes that this actually reflects the current vigorous development of the industry. At the same time, it also releases a signal of optimistic prospects for the industry.

  In addition, unlike previous guidance, the Action Plan does not simply emphasize the need to develop technical products, but to improve quality from multiple levels.

"The emphasis on'high-quality development' is a prominent feature of the Action Plan." Meng Nan added.

  The "Action Plan" mentioned that "in terms of industrial supply enhancement actions, accelerate the upgrading of traditional security products" and "in terms of security demand-driven actions, promote the upgrading of network security capabilities in the telecommunications and Internet industries." The focus of the policy reflects the shackles of current industrial development. One, both ends of supply and demand occupy two of the five key tasks.

  According to data from International Data Corporation, government affairs, communications, and finance are the top three spending industries in China's cybersecurity market, with total spending accounting for approximately 50% of the total.

  Meng Nan explained that these fields are highly informatized and require relatively high business stability.

With the development of the new infrastructure wave, industries such as industry, transportation, energy, and agriculture will be further integrated and developed with the Internet. There are potential opportunities for the development of network security.

  Liu Quan suggested that the future cyber security industry should strengthen collaboration and cooperation among key industries such as 5G, cloud computing, artificial intelligence, industrial Internet, the Internet of Vehicles, and the Internet of Things, share security technologies, and enhance cyber security technologies in these areas. The high-quality supply of products will strengthen the network security capacity building in key areas such as the Industrial Internet, the Internet of Vehicles and the Internet of Things.

Industrial investment adds another fire

  In fact, the cyber security industry has been in a boom in investment and financing in recent years, and continued policy support may add another fire to the industry.

  Wu Shenkuo, executive director of the International Center for Internet Rule of Law of Beijing Normal University, believes that as an important industrial policy, the Action Plan will bring a strong guiding effect on the research and development of enterprises, and the transformation of capital market strategies and the flow of financial investment will also be affected by this. Great influence.

  Liu Quan also said that the measures proposed in the "Action Plan" will not only promote national funds to tilt towards the field of cybersecurity, but also encourage various types of capital to establish science and technology innovation funds, and support cybersecurity companies to grow bigger and stronger. The cybersecurity industry will usher in a new era. Investment boom.

  In the past five years, the cyber security industry has been a hot spot for investment and financing.

Meng Nan predicts that with the support of the policy, the industry will continue to maintain its enthusiasm and usher in further development.

  According to data from the Cybersecurity Bureau of the Ministry of Industry and Information Technology, from 2018 to 2020, about 6 billion yuan will be invested in the field of network security, which will drive social investment of nearly 20 billion yuan.

Cybersecurity investment and financing activities have shown continued activity and investment has accelerated. In 2019, my country's cybersecurity industry investment and financing activities reached more than 40, involving more than 9 billion yuan.

  International Data Corporation (IDC) predicts that China's overall cybersecurity market spending will reach US$10.22 billion in 2021, and the annual CAGR (compound annual growth rate) for the 2020-2024 forecast period will be 16.8%, and the growth rate will continue to lead the global cybersecurity market.

By 2024, China's network security market will grow to US$17.27 billion.

(Zhongxin Jingwei APP)

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