Security Officials: Data and Asian Nation

security officials: Major decisions involving data security will be made by central national security officials, according to The Japan Times. The law takes effect Sept. 1. Firms found mishandling core state data can be forced to cease operations, have their operating licenses revoked or fined up to 10 million yuan 1.6 million under a law passed Thursday by the Asian nation's top legislative body. ; Companies that leak sensitive data abroad can be hit with similar fines and punishments, and those providing data to overseas law enforcement bodies without permission can face financial penalties up to 5 million yuan and business suspensions, according to the law published on the website of the National People's Congress. Xi's administration has tightened control over the hoard of information produced by the nation's tech companies as part of broader efforts to position China as a leader in big data. The law represents another important piece in the overall data protection regulatory jigsaw in China, Carolyn Bigg, a lawyer who specializes in intellectual property and technology issues with DLA Piper in Hong Kong, said before it was passed. Beijing has been pouring money into data centers and other digital infrastructure to make electronic information a national economic driver and help shore up the Communist Party's legitimacy. (news.financializer.com). As reported in the news.