Research Surveys Global Business Leaders on Security Concerns & Risks Expected Over the Next Decade

February 17, 2021

Hikvision HikWire blog article Research Surveys Global Business Leaders on Security Concerns & Risks Expected Over the Next Decade

Hikvision on Pandemic-Driven Cyber Threats & Phishing Security Concerns for Remote Workers


The article, “Business leaders' top 10 risk concerns over the next decade,” covers results of a survey that asked global business leaders about top security concerns and risks facing their organizations.  

Consulting firm Protiviti and North Carolina State University surveyed more than 1,000 global executives in a broad range of industries, and used the information in the 9th annual report, “Executive Perspectives on Top Risks for 2021 and 2030.”

Risks and policies related to COVID-19 and uncertain economic conditions that could affect market demand were some of the top concerns express by executives in the study.

From the article: “Amid these near-term headwinds, when asked about top concerns through 2030, business leaders cite challenges that ultimately ladder up to talent. High ranking risks—including the adoption of technology that requires new or upgraded skills, rapid innovation that threatens business models and the reimagining of creative strategies—point to a need to attract and retain top talent and invest in reskilling and upskilling workforces to ensure agility and resilience in the future.”

Pandemic-related policies and their potential business impacts and economic conditions related to growth were the top two leading risks identified by respondents for 2021. Helping employees gain new skills to adapt to the increasing adoption of digital solutions also ranked in the top five. Other risks included privacy management, cybersecurity threats, and retaining talent.

"If there is any risk that all organizations across industries and geographies must maintain focus on, it's cybersecurity and privacy. While the areas that businesses will need to address may change as they transform their business models and increase their resiliency to face the future confidently, cybersecurity and privacy threats will remain a constant and should be at or near the top of the list. These threats have been top risks for quite some time, and they aren't going away,” said Patrick Scott, EVP at Protiviti, in the article.

Survey respondents were asked to rate the impact of several risks on their organization into the next decade. Top risks identified for the year 2030 included training employees for digital technology adoption, regulatory changes and the rapid “speed of disruptive innovation.”

For the full list, read the entire article at this link.

Hikvision covered security concerns and using a Zero Trust network model to reduce risk in this blog. One COVID-related risk is hackers’ focus on remote workers, with the use of phishing emails to gain sensitive information or infect systems with malware. Around since at least 1995, phishing is used to trick people into providing credit card information, login IDs and passwords, and to gain access to your computer, protected systems and/or networks. Read more about pandemic-driven cyber threats at this link.

IMPORTANT! This model requires non-standard firmware. Do Not Install standard firmware (e.g. v.4.1.xx) on this model. Doing so will permanently damage your system. You must use custom firmware v.4.1.25 from the iDS-9632NXI-I8/16S product page.

View the most updated version of this document here:


The I-series NVR (such as the DS-7716NI-I4) is one of Hikvision's most popular and feature-rich recorders. As such, many firmware revisions have been introduced over the years to continually ensure the product is compatible with the newest technology available. Due to the many revisions, we recommend that the user closely follows the instructions below in order to reduce the amount of time spent as well as the chance of failure.


Database Optimization and Repair

As more affordable IP cameras are introduced over time with greater video resolution and data sizes, more efficient database management also becomes necessary. The introduction of firmware v4.0 brought about a new database architecture in order to be futureproof.


After upgrading to v4.X, the recorder database will need to be converted and optimized. If you are experiencing issues where playback is expected but not found, make sure "Database Repair" is performed as indicated in the procedures and scenarios below.


Preparing the Upgrade

Before proceeding with upgrade, it is recommended that NVR configuration file is exported from the NVR over the network or on to a local USB drive.


Upgrading from v3.4.92 build 170518 or Older

  1. All recorders must reach v3.4.92 before proceeding further. Upgrading from versions before v3.4.92 directly to any version of v4.X will likely cause the recorder to fail.
  2. If the recorder is already at v3.4.92, a full factory default is highly recommended before upgrading to any version of v4.X. There is a high chance of unit failure (requiring RMA) if the unit is not defaulted before upgrade.
  3. After reaching v3.4.92 and performing a full factory default, an upgrade directly to v4.50.00 is acceptable.
  4. After the upgrade is completed and the recorder is reprogrammed, it may be beneficial to perform a Database Repair. For details, refer to the section "Database Optimization and Repair" above.
  5. To verify repair progress, you may refer to the HDD status, or search the recorder log for repair started and stopped entries. Note that while the HDD is repairing, new recordings are still being made, but some existing recordings may not be searchable until repair is complete.
  6. If you continue to observe playback issues after database repair, ensure there are no power, network, or motion detection issues. Should the problem persist, contact technical support.


Upgrading from Any v4.X Build to v4.50.00.

  1. Any v4.X build can be upgraded directly to v4.50.00.
  2. Export configuration is highly recommended before performing the upgrade.
  3. If upgrading from any v4.X version that was not v4.22.005, a Database Repair is recommended. Refer to Step 4 and onwards in the previous section.



Downgrading is not recommended. Due to new features and parameters constantly being added, downgrading may cause the NVR to factory default itself or require a manual default to operate properly.

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