China’s new cyber security effective law
China, battling increased threats from cyber-terrorism and hacking, will adopt from Thursday a controversial law that requires strict data surveillance and storage for organizations employed in the country, the official Xinhua news agency said.
The law, passed in November by the country’s largely rubber-stamp Parliament, strip online companies from collecting and selling users’ personal information and gives users the justification to have their information deleted, in the case misuse.
“Those who violate the provisions and infringe on personal information will face hefty fines, ” this news agency said on Monday, without elaborating.
Reuters reported this month overseas business groups were pushing Chinese regulators to delay execution of the law, declaring the rules would significantly hurt activities.
Up to now, China’s data industry has received no overarching data protection platform, being governed instead by loosely defined laws.
Nevertheless, overseas critics, the new law threatens to close foreign technology companies away from sectors the country deems “critical”, and includes contentious requirements for security reviews and data stored on servers in China – Reuters.