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China issues draft plan for data security incidents

by AIP Online Bureau | Dec 15, 2023 | Eco/Invest/Demography, International News, Non-Life, Policy, Regulation, Risk Management

The plan, which is currently soliciting opinions from the public, proposes a four-tier, colour-coded system depending on the degree of harm inflicted upon national security, a company’s online and information network, or the running of the economy Beijing: China...

China asks state-owned firms to phase out use of Big four auditing firms over data security

by AIP Online Bureau | Feb 24, 2023 | Eco/Invest/Demography, International News, Risk Management

China is seeking to rein in the influence of the US-linked global audit firms and ensure the nation’s data security, as well as to bolster the local accounting industry, the people said. . Chinese authorities have urged state-owned firms to phase out using the four...

US bans Chinese telecom devices on data-security risk

by AIP Online Bureau | Nov 26, 2022 | International News, Policy, Regulation, Risk Management, Technology

These new rules are an important part of US government’s ongoing actions to protect the American people from national security threats involving telecommunications Huawei Technologies Co. and ZTE Corp. were banned from selling electronics in the US by regulators...
China fines Didi Global $1.2 bln for violating data security laws

China fines Didi Global $1.2 bln for violating data security laws

by AIP Online Bureau | Jul 21, 2022 | Eco/Invest/Demography, Technology

The Cyberspace Administration of China (CAC) said its investigation found Didi had illegally collected millions of pieces of user information over a seven-year period starting June 2015, and carried out data processing activities that seriously affected national...

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