Proposed amendments to China’s Cybersecurity Law raise the maximum fine for certain offences to 50 million yuan, up from 1 million yuan
China’s internet watchdog has proposed a series of amendments to the country’s five-year-old Cybersecurity Law. Photo: Reuters
China’s internet watchdog has proposed a series of amendments to the country’s five-year-old Cybersecurity Law, giving the rules more teeth as the regulator seeks to shore up law enforcement.
Under the update, a range of offences – including when a network operator fails its duty to protect cybersecurity by stopping the spread of illegal information – will be met with a fine of up to 50 million yuan (US$7.17 million) or 5 per cent of the firm’s turnover in the previous year, the Cyberspace Administration of China (CAC) said on Wednesday.
At present, the penalties are capped at 1 million yuan.