China issues new rules on cyberspace to tighten "cross-border data"
The Chinese government's efforts to
reddragon888curb digital data continue, especially after the trade dispute with the United States. Chinese authorities have also issued more stringent regulations governing cyberspace. Recently, the Chinese authorities are preparing to issue new regulations. to control cross-border data transfers This will affect many business sectors. Especially for multinational companies that need to export Chinese customer data to foreign countries.
Nikkei Asia reports that the China Cyberspace Administration (CAC) has announced plans to enforce the new rules on Sept. 1. Requires high-volume, sensitive data transfers from China to non-border areas be audited and authorized by the CAC.
The new rules will cover more than 100,000 companies that want to transfer personal data, will need to apply for cross-border data transfer permissions. by showing the purpose of the data transfer Information Security Measures including the laws and regulations of the destination country.
For sensitive personal data in accordance with this new regulation Refers to information that may pose a threat to national security. economic action Social stability, public health, or other safety, the definition of which may include financial information. health care or even consumer spending data
The rule will also apply retroactively to companies that have transferred personal data accumulated since 2021, totaling more than 100,000 people, and companies that handle personal data of more than one million Chinese consumers, inclusive. Companies that want to transfer highly sensitive data such as fingerprints or biometrics from 10,000 or more people need permission.
