In September 2015, President Barack Obama and Chinese President Xi Jinping announced an agreement on broad anti-hacking principles to curb the theft of corporate trade secrets. The pact was spurred by a series of data breaches targeting U.S. companies and government agencies, including the Office of Personnel management, allegedly perpetrated by China-based hackers.
When it came to taking on the hackers and improving overall cybersecurity, the Obama administration took things seriously with a recently proposed $19 billion Cybersecurity National Action Plan. Now, it seems China is starting to take cybersecurity seriously too.
On March 25, a group of Chinese companies, including Baidu, Alibaba and Tencent, joined with universities and research institutes to found the nation’s first cybersecurity organization, according to the South China Morning Post.
The CyberSecurity Association of China will be governed by the country’s top Internet regulator—the Cyberspace Administration—and “will play a guiding role in cybersecurity governance, help promote self-discipline in the industry and push for the establishment of industry standards,” it said.
However, don’t expect to see the association pushing for improvements to China’s online privacy regime or to information access.
The 257 founding members of the newly-formed association tapped Fang Binxing — known as the “Father of China’s Great Firewall” — to head the organization. And a recent European Union-requested report on data privacy under Chinese law found that China “doesn’t unequivocally grant individual rights to information, access and rectification.”
“One cannot talk about a proper data protection regime in China, at least not as it is perceived in the EU,” it said.
To keep up with the constantly evolving world of privacy and security sign up for the Bloomberg BNA Privacy and Security Update.
All Bloomberg BNA treatises are available on standing order, which ensures you will always receive the most current edition of the book or supplement of the title you have ordered from Bloomberg BNA’s book division. As soon as a new supplement or edition is published (usually annually) for a title you’ve previously purchased and requested to be placed on standing order, we’ll ship it to you to review for 30 days without any obligation. During this period, you can either (a) honor the invoice and receive a 5% discount (in addition to any other discounts you may qualify for) off the then-current price of the update, plus shipping and handling or (b) return the book(s), in which case, your invoice will be cancelled upon receipt of the book(s). Call us for a prepaid UPS label for your return. It’s as simple and easy as that. Most importantly, standing orders mean you will never have to worry about the timeliness of the information you’re relying on. And, you may discontinue standing orders at any time by contacting us at 1.800.960.1220 or by sending an email to firstname.lastname@example.org.
Put me on standing order at a 5% discount off list price of all future updates, in addition to any other discounts I may quality for. (Returnable within 30 days.)
Notify me when updates are available (No standing order will be created).
This Bloomberg BNA report is available on standing order, which ensures you will all receive the latest edition. This report is updated annually and we will send you the latest edition once it has been published. By signing up for standing order you will never have to worry about the timeliness of the information you need. And, you may discontinue standing orders at any time by contacting us at 1.800.372.1033, option 5, or by sending us an email to email@example.com.
Put me on standing order
Notify me when new releases are available (no standing order will be created)