Cyber Considerations for Banking Expansion into China

China accelerated opening its financial sector in the past few years to allow foreign organizations to operate wholly-owned ventures, permitting unprecedented access into the world’s second-largest capital market. In response, international financial institutions seek to capitalize on the lucrative opportunity and expand their business in mainland China. While the profit opportunity is substantial, the cybersecurity considerations are significant as multinational financial entities navigate a complex, ever-evolving cyberspace with China’s vast and stringent cybersecurity national standards.

Download the PDF to explore the history of foreign banking in China1, enforcement of new cybersecurity, and key considerations.