Cybersecurity Law sparks data concern for MNCs

Jul 31, 2015
China’s draft Cybersecurity Law, which restricts cross-border data transmissions and requires the setting up of servers in the country, has prompted foreign companies to assess risks regarding delay, disclosure and costs

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China’s first comprehensive Cybersecurity Law, unveiled on July 6, extends far beyond cyberspace and makes it clear that the authorities want control over all segments that can lead to information security risks, including data storage and migration.

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