Hong Kong, China, April 16, 2018 /Xinwengao.com/ - On 30 March, TUV Rheinland Greater China ( “TUV Rheinland”), the world’s leading third-party inspection, testing and certification company, signed a strategic cooperation agreement with Zhejiang Dahua Technology Co Ltd (“Dahua Technology”) to provide a comprehensive solution that centres on IoT (Internet of Things) product privacy protection certification for multiple Dahua Technology products, such as IP cameras, network video recorders, software platforms and intelligent servers. The signing ceremony was attended by Mr. Jay Yang, Vice President of Electrical Greater China, TUV Rheinland; Mr Li Huayu, General Manager of Electrical Greater China, TUV Rheinland; Mr Chen Yibo, Manager of Huangzhou, TUV Rheinland; Zhang Xingming, Vice President of Dahua Technology and General Manager of Dahua Technology RD Center; Mr Zhang Junchang, Director of Cybersecurity Product Line of Dahua Technology; and other representatives of both sides. The cooperation agreement is expected to help Dahua Technology better respond to the upcoming implementation of the General Data Protection Regulation (GDPR), a law drafted by the European Union (EU) and deemed the most stringent regulation on data privacy ever developed; to set strict protection standards for personal data security and privacy rights; and to increase the level and expand the scope of personal data protection. The GDPR will come into effect on 25 May 2018 and will be globally applicable. Regardless of its location, any company that stores or processes personal data on an EU citizen during the provision of products or services must comply with the GDPR. Otherwise, the company may be fined up to $20 million or 4% of its annual revenue. “As the GDPR will be globally applicable”, said Mr Jay Yang, “it will significantly impact the manufacturers and exporters of IoT products in China.” To help such companies cope with the GDPR, TUV Rheinland, with years of experience in the field of information security, has launched a brand-new privacy protection service for IoT products. “This service will help IoT manufacturers to identify their risks under the new legislation, successfully enter the European market and rapidly seize market opportunities,” said Mr Yang. On the significance of the companies’ strategic cooperation, he added that, “Dahua Technology is among the first batch of companies that have cooperated with TUV Rheinland to enjoy our IoT product privacy protection service, demonstrating their respect for privacy and responsiveness to market changes. Dahua Technology and TUV Rheinland will work together to enhance the competitiveness of the industry through their respective professional capabilities”. According to the cooperation agreement and based on the EU’s GDPR and its internal 2PfG standard, TUV Rheinland will provide comprehensive testing services, such as hardware and firmware testing, privacy data processing, local communications testing, Internet communications testing, application testing, penetration testing and factory inspection, for Dahua Technology’s IP cameras, network video recorders, software platforms, intelligent servers, etc. Any product that passes a test and receives TUV Rheinland’s test logo for IoT product privacy protection will meet the requirements of the GDPR and thus attain the highest level of information security and privacy protection worldwide. As a leading IoT solution provider and operating service company focusing on video technology, Dahua Technology provides end-to-end video surveillance solutions, systems and services that are widely used in key sectors, such as public security, finance, transportation, energy and communication. Dahua Technology has established global marketing and service networks, with 42 subsidiaries in the Asia-Pacific region, North America, Europe, Africa, etc., and its products are used in 180 countries and regions worldwide. According to the IHS Markit Annual Report 2017, Dahua Technology has the second largest global share in the video surveillance equipment market. “As a leading IoT solution provider,” said Mr Zhang Xingming, “Dahua has always attached great importance to users’ personal privacy and data security”. He went on to note that the cooperation agreement with TUV Rheinland is entirely consistent with Dahua Technology’s mission to cultivate a safer society and smarter living. “With the support of TUV Rheinland’s professional services we will further build and enhance our data supervision capability and thus consolidate our momentum in the global market.” Photo – https://photos.prnasia.com/prnh/20180416/2105401-1