SoylentNews is people
SoylentNews
Technology companies that want to sell equipment to Chinese banks will have to submit to extensive audits, turn over source code, and build “back doors” into their hardware and software, according to a copy of the rules obtained by foreign companies already doing billions of dollar worth of business in the country. The new rules were laid out in a 22-page document from Beijing, and are presumably being put in place so that the Chinese government can peek into computer banking systems.
Details about the new regulations, which were reported in The New York Times today ( http://www.nytimes.com/2015/01/29/technology/in-china-new-cybersecurity-rules-perturb-western-tech-companies.html?_r=1 ), are a cause for concern, particularly to Western technology companies.
In 2015, the China tech market is expected to account for 43 percent of tech-sector growth worldwide ( http://bits.blogs.nytimes.com/2014/12/02/in-2015-technology-shifts-accelerate-and-china-rules-idc-predicts/ ). With these new regulations, foreign companies and business groups worry that authorities may be trying to push them out of the fast-growing market. According to the Times, the groups—which include the US Chamber of Commerce—sent a letter Wednesday to a top-level Communist Party committee, criticizing the new policies that they say essentially amount to protectionism.
(Score: 4, Insightful) by SuperCharlie on Saturday January 31 2015, @03:26AM
With the insights and technical revelations the last few years about how most western governments, and particularly the US have shown they can not be trusted to do anything but create backdoors and spy on people, if *I* was China, I would demand no less. Hell, I salute them for at least being honest and upfront about it. All the whining you hear is probably the collective squeels from our alphabet soup agencies through their assorted technology pawns.
(Score: 2) by frojack on Saturday January 31 2015, @03:57AM
Still, once you have a situation where one government can demand a backdoor, just how long do you expect back-door free hardware to persist.
Be careful what you wish for.
As it is, the NSA has to intercept shipments of switchgear to install back doors. I'd rather have them do that than just telling
the manufacturer to put in the backdoor. You know damn well the governments will never let them reveal the back door.
No, you are mistaken. I've always had this sig.
(Score: 1) by anubi on Saturday January 31 2015, @04:21AM
Everyone is demanding back doors. No accountability, or at least *for them*.
At least the word is getting out that the peeping tom is at the window.
The problem is that once that backdoor is implemented, even if one tries to keep it secret, it will eventually get out.
I guess the deciding factor is a judgement call... if this backdoor is implemented, then it falls in the wrong hands, how much damage will be done?
I could see where an untrustworthy communication network, rife with leaks and spoofs, could lead to the downfall of a nation.
"Prove all things; hold fast that which is good." [KJV: I Thessalonians 5:21]