China draft cyber law mandates security assessment for outbound data

SHARP SPIKE: The increase in Internet consumption was attributed to the greater prevalence of social media platforms and users, use of apps such as MyTeksi and Uber, online games and e-commerce purchases.

BEIJING: China's top cyber authority released a draft law that would require firms exporting data to undergo an annual security assessment, in the latest of several recent safeguards against threats such as hacking and terrorism. 

Any business transferring data of over 1,000 gigabytes or affecting over 500,000 users will be assessed on its security measures and on the potential of the data to harm national interests, showed the draft from the Cyberspace Administration of China (CAC).