China's new cybersecurity rules rile western tech companies.
Position | CYBERSECURITY - Brief article |
Regulations adopted by China at the end of last year have many Western businesses --particularly technology companies that sell in China--seriously concerned. One of the new rules states that companies that sell computer equipment to Chinese banks will be required to turn over their source code, submit to invasive audits, and build back doors into hardware and software, according to the New York Times.
Many foreign companies are concerned that this is a concerted effort by China to shut them out of one of the world's largest and fastest-growing markets. Indeed, as a related article by Reuters pointed out, China has long considered its reliance on foreign technology a national...
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