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Briefing
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- Personal Data Protection – Makes unauthorized collection and disclosure of citizens’ personal information illegal
- Network Operator Requirements – Requires network operators to store information from China inside country and participate with Chinese authorities in investigations
- Critical Sectors Requirements – Imposes mandatory testing and certification of computer equipment in critical sectors
- Timeline – Passed in November 2016 and took effect in June 1, 2017
- Penalties – Violation could result in fines up to RMB 1 million ($150,000) and potential criminal charges
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Accelerator
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Market Disruption
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Sector
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Energy, Financial Services, Government (excluding military), Information Technology, Transportation and Logistics
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Source
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Wagner, J., "China's cybersecurity law: what you need to know",
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Yan, S., "China's new cybersecurity law takes effect today, and many are confused",
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Wee, S., "China’s new cybersecurity law leaves foreign firms guessing",
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"Overview of China’s cybersecurity law,"
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AcceleratingBiz analysis
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Original Publication Date
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June 1, 2017
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