Cisco entered the video surveillance market in 2007 and suffered for many years through a variety of its own errors and arrogance. The conclusion of that embarrassing error may have just now been reached as Cisco has paid an $8.6 million settlement for cybersecurity vulnerabilities.
Inside this note, we examine:
- The significance of this court case, settled after nearly a decade of secret litigation,
- What Cisco did according to excerpts of the complaint
- What this means for Cisco and the video surveillance industry including the benefits and risks of those who could use the 'False Claims Act' lawsuits against other manufacturers.