Citing cross-border data transfer and privacy concerns, China promises security blitz on securities • The Register | #cybersecurity | #cyberattack | #education | #technology | #infosec

Infosec concerns have led China’s government to apply closer scrutiny to Chinese companies that list and send data offshore, according to a document written by China’s State Council cabinet and the Communist Party’s General Secretary. “For a long time, the low cost of illegal securities has plagued the development of…