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Cisco, a US networking equipment manufacturer, announced on Monday its plans to establish a cybersecurity center in Taiwan and collaborate with the government to train more individuals for the cybersecurity industry.
Taiwan, a democratic nation that is seen as part of China by Beijing, has expressed concerns about cyberattacks originating from China, targeting government officials, departments, and technology companies as part of a broader pressure campaign, according to Reuters. China has denied any involvement in these hacking attacks.
As part of its Taiwan Digital Acceleration Plan 3.0, Cisco aims to prioritize cybersecurity and work with the government to train individuals and address the global talent shortage in this field.
The company also intends to partner with relevant technology associations to create a security center in Taiwan for improved threat intelligence and cyber readiness.
Guy Diedrich, Cisco's global innovation officer, mentioned that the company will focus on security, including the establishment of a new "security innovation center" in Taiwan, but did not disclose specific investment figures.
He emphasized that the digital acceleration program allows for unlimited investments, and the company will continue to make them.
The project also encompasses artificial intelligence applications in areas such as transportation and sustainability operations at Kaohsiung port in southern Taiwan.
During the plan's launch, Diedrich expressed his hope for a fourth round of investment in front of an audience that included Taiwan Vice President Hsiao Bi-khim.
