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Browse: Home / 2017 / June / 01 / Chinas new cybersecurity law takes effect today — CNBC

Chinas new cybersecurity law takes effect today — CNBC

By Securities Docket on June 1, 2017, 9:07 am

Chinas new cybersecurity law takes effect today, and experts are rattled about what it all means.The law has been largely touted by Beijing as a milestone in data privacy regulations, but critics say authorities havent provided enough information about how the wide-reaching law will be implemented. Thats a big concern, as failure to comply carries fines that could hit 1 million yuan (about $150,000) and potential criminal charges.

via Chinas new cybersecurity law takes effect today — CNBC

Posted in Regulatory, Top | Tagged China

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