Reported about 2 months ago
US firms are expressing alarm over proposed cybersecurity regulations in Hong Kong that could give the government unprecedented access to their computer systems, raising fears about data privacy and the integrity of critical infrastructure. The Asia Internet Coalition, which includes major tech companies like Amazon, Google, and Meta, is calling for amendments to the legislation, emphasizing that the rules might threaten confidence in the digital economy. Critics warn that the legislative framework could deter tech investment and impose onerous compliance requirements on businesses operating in the region.
Source: YAHOO