The Chinese government continues to impose its will on control over foreign business choosing to market their wares in the country. New rules are now in place to require all foreign companies selling hardware and software to Chinese banks to build in a backdoor so the government can access them. To go even further, the Chinese government is also requiring the companies disclose their source code and submit themselves to regular government audits. The US Chamber of Commerce responded by saying.
“An overly broad, opaque, discriminatory approach to cyber security policy that restricts global Internet and ICT products and services would ultimately isolate Chinese ICT firms from the global marketplace and weaken cyber security, thereby harming China’s economic growth and development and restricting customer choice.”
At this point China doesn’t have the technology and ability to produce some of these services and goods and eSecurity Planet reports that China would rather not depend on foreign hardware and software goods and their new policy of requiring source codes and auditing could give them enough to copy those goods and establish their own, then pushing out the foreign manufacturers. Tim Erlin, director of IT security and risk strategy at Tripwire makes a very valid point. “There are national security implications to China having open access to source code for software used by other governments, including the U.S.”.
What do you think of China’s new backdoor rule? Let us know in the comments below or on Google+, Facebook and Twitter.Source: eSecurity Planet
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