The Impact of China’s Cybersecurity Law on Businesses

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Summary:

China's 2016 Cybersecurity Law poses significant challenges for businesses operating in the country, including compliance costs, scope of applicability, and potential operational interruptions. The law requires companies to adhere to stringent security measures, with potential consequences for non-compliance. To ensure compliance, businesses should implement internal auditing, review data management practices, and potentially establish or use local data centers. Compliance with the law is crucial for businesses operating in China, as it enhances cybersecurity and ensures a secure operating environment.