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China’s draft cyber law mandates security assessment for outbound data

CHINA’S top cyber authority on Tuesday released a draft law that would require firms exporting data to undergo an annual security assessment, in the latest of several recent safeguards against threats such as hacking and terrorism.

Any business transferring data of over 1000GB or affecting over 500,000 users will be assessed on its security measures and on the potential of the data to harm national interests, showed the draft from the Cyberspace Administration of China (CAC).

The law would ban the export of any economic, technological or scientific data whose transfer would pose a threat to security or public interests. It would also require firms to obtain the consent of users before transmitting data abroad.

The proposed law, which focuses on personal information security, comes just a day after state media reported government rewards of US$1,500 to US$73,000 for citizens who report suspected spies.
Read more at http://techwireasia.com/2017/04/chinas-draft-cyber-law-mandates-security-assessment-outbound-data/#37ZICDGzUai1Gp9T.99

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