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Internet platforms targeted in data security reviews


Internet platforms targeted in data security reviews
By MA SI |
China Daily |
Updated: 2021-07-12 07:30
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Traders work during the launch of the initial public offering by Chinese ride-hailing company Didi Global on the New York Stock Exchange on June 30. BRENDAN MCDERMID/REUTERS
Nation steps up regulation of big tech companies
Cybersecurity reviews launched by China into internet platforms, including Didi Global, underline the country s resolve to crack down on data breaches and misuse, according to legal experts and technology industry observers.
They are part of China s broader push to align itself with international practices in toughening regulations aimed at technology companies, which are increasingly banking on data monetization for revenue growth, and posing bigger risks for data management, the experts and observers said. ....

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How an obscure government office has struck fear into China's Big Tech


Reuters
An obscure bureaucratic office in Beijing has emerged as one of the most feared government institutions for China s Big Tech as Beijing clamps down on what it sees as cybersecurity risks in the internet sector.
The Cyber Security Review Office was created last year as a joint task force by 12 Chinese ministries, including the Ministry of Public Security and the Ministry of National Security, to look into cybersecurity risks.
The state has a cybersecurity review requirement, and this office was created to get the job done, one Beijing-based regulatory source who has direct knowledge of the matter said.
The office, under the Cyberspace Administration of China (CAC), had been out of public view for a year until last week when it dropped the bombshell that it was putting ride-hailing giant Didi Chuxing under review over possible data security and national security risks. ....

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