Cyber, data security top focus to safeguard infra, supply chains
Moves to push industry development, tech as SMEs at greater risk of attacks
Safeguarding data security is of great importance to the healthy development of China's digital economy and more efforts are needed to combat rising cyberattack risks that target critical information infrastructure and supply chains, industry experts and company executives said.
Their remarks came as China aims to increase the market size of its data security industry to over 150 billion yuan ($21.8 billion) by 2025, with a compound annual growth rate of more than 30 percent, according to a government guideline.
Du Guangda, deputy head of the Cybersecurity Administration at the Ministry of Industry and Information Technology, the country's top industry regulator, said at a recent forum that data security has become an important part of national security and more efforts are needed to bolster the ability to fight against data risks.