China to impose hefty fines for cybersecurity breaches in key sectors
Chinese lawmakers are considering a draft amendment to the Cybersecurity Law that introduces stricter certification requirements and penalties for cybersecurity incidents affecting critical sectors. This move, reflecting heightened global cybersecurity concerns, aims to restrict untrusted products in critical information infrastructure, imposing fines up to $1.4 million for severe incidents. Critics argue this amendment reinforces China’s authoritarian control over the digital space and seeks to challenge Western norms. The legislation exemplifies China’s broader strategy to assert sovereignty over internet governance and influence global technological standards, underscoring the geopolitical tensions surrounding cybersecurity and digital infrastructure.