Chinese Firms with Overseas Listing plans to undergo Gov Security Review
In a move that signifies another step towards tightening its hold on China’s technology firms, the government said that it chalk out new rules on local platform firms which plan to list in the overseas stock markets. The Cyberspace Administration of China (CAC) said the new rules come into effect on February 15 and requires […]
Foreign spy agency hacks into China’s Airlines, Passenger Records Stolen: Ministry of State Security
Chinese officials have disclosed that a foreign intelligence agency hacked several of its airlines in 2020 and stole passenger travel records. The hacking campaign was disclosed last week by officials from the Ministry of State Security (MSS), China’s civilian intelligence, security, and secret police agency and was reported in The Record. The hacking campaign was […]
Yahoo Exits China after New Personal Info Protection Law comes into effect
One of the internet pioneers, Yahoo said that its sites are no longer available in China as the country’s Personal Information Protection Law comes into effect. “In recognition of the increasingly challenging business and legal environment in China, Yahoo’s suite of services will no longer be accessible from mainland China as of November 1,” Yahoo […]
Cybersecurity budgets of Chinese companies continue to lag: EY Report
Almost 75 per cent of Chinese companies can’t fully handle cybersecurity challenges, in the backdrop of increase in ransomware, DDoS and other types of online threats According to the 2021 EY Global Information Security Survey, the increased changes due to COVID-19 and new requirements for law and regulation compliance, have resulted in organisations grappling with […]
Hong Kong to come up with Data Protection Regulations
The Hong Kong government is studying the need to enact a “Cyber Security Law” with aim to help society. According to a report in Sing Tao Daily, the Hong Kong government is looking to strengthen the security of its network information systems and important infrastructure information systems. It is understood that the research direction includes […]