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Chinese cyber agency signals support for tech industry – Malware News – Malware Analysis, News and Indicators

August 20, 2022
Source: malware.news malware.news
News Snapshot:
Regulators with China’s main cybersecurity watchdog sent a conciliatory message on Friday towards the country’s tech industry, which has been chastened by a years-long crackdown, including a $1.2 billion fine against international ride-hailing giant DiDi. In a press conference, Cyberspace Administration of China (CAC) Vice Minister Niu Yibing said the agency was committed to the healthy development of local internet companies, according to a summary it posted online . CAC cybersecurity coordination bureau head Sun Weimin said the agency was also supportive of domestic firms seeking listings on overseas exchanges, according to Reuters — despite that being the apparent source...
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