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China to set up security teams for internet companies

Wednesday 5 August 2015 11:49 CET | News

China has revealed plans to set up network security offices in internet companies and for websites so authorities can move against illegal online behavior.

The government published a draft cybersecurity law in July 2015 consolidating its control over data, with significant potential consequences for internet service providers and multinational firms doing business in the country.

The law will strengthen user privacy protection from hackers and data resellers but elevates the government’s powers to obtain records on, and block dissemination of, private information deemed illegal.

The new measures would help protect personal information as well as helping prevent online theft, fraud and rumor spreading.

Cybersecurity has been an irksome area in relations with economic partners like the US and the European Union, which see many recently proposed rules as unfair to foreign companies.


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Keywords: online security, web fraud, data privacy, digital identity, national security, security threats, internet, China
Categories: Fraud & Financial Crime
Companies:
Countries: World
This article is part of category

Fraud & Financial Crime