State Council Releases Guide, May Help Fund Security
DATA PROTECTION—CHINAJuly 18, 2012
The State Council has released guidelines aimed at helping government agencies, financial institutions and e-commerce companies protect consumers’ personal information, reports Global Times. The guide also suggested that the State Council would help fund the upgrade of security technologies that support digital signatures. “Since plenty of money has to be put into upgrading security systems…and the promotion of digital signature technology, I think that national financial support is necessary," said one analyst, adding that "digital signatures can provide a higher standard of protection” than passwords.