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Cyber-Security Revenue to Double by 2023 – Shanghai Daily

Cyber security is fundamental to the Personal Information Protection Law and data usage rules and is key to Shanghai’s long-term strategy


cyber security
Cyber security is fundamental to the Personal Information Protection Law and data usage rules released recently and is key to Shanghai's long-term strategy. Photo: Reuters

 

Shanghai will boost its cyber security sector next year, thanks to a doubling of revenue to 25 billion yuan ($3.9 billion) from leading firms and industry parks and improved online fraud prevention methods, Shanghai Daily reported.

Cyber security is fundamental to the Personal Information Protection Law and data usage rules released recently and is key to Shanghai’s long-term strategy to establish a global digital hub, experts said.

Read the full report: Shanghai Daily

 

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George Russell

George Russell is a freelance writer and editor based in Hong Kong who has lived in Asia since 1996. His work has been published in the Financial Times, The Wall Street Journal, Bloomberg, New York Post, Variety, Forbes and the South China Morning Post.

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