China Cybersecurity Law: Seven Key Points to Ensure You are Compliance Ready for its Launch on 1 June 2017
China’s Cybersecurity Law comes into force on 1 June 2017. It is a significant piece of legislation impacting all companies operating a network in China. It covers a wide range of activities relating to the cyberspace, including personal data protection and security, hacking, malicious software prohibition, handling of emergency network situations, data localisation. There are hefty penalties for breaches including fines of up to RMB1 million (approx. US$150,000) and confiscation of monies illegally obtained for certain offences. In the final countdown to its launch on 1 June 2017, we created a checklist of seven key points to note and make it easier for you to ensure that you are compliance ready.