Financial Crime World

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Payment Card Industry Data Security Standard in China: A Guide for Foreign Enterprises

China has taken significant steps to strengthen its data security landscape by promulgating various laws and regulations, including the Data Security Law, Personal Information Protection Law, and Cybersecurity Law of the People’s Republic of China. As foreign enterprises expand their business into the Chinese market, it is essential that they pay close attention to these compliance requirements and consider seeking professional local services to ensure a smooth transition.

Trusted Partner for Compliance

Tencent Cloud China has emerged as a trusted partner for foreign enterprises looking to comply with Chinese regulations. With its comprehensive suite of security solutions, Tencent Cloud aims to help businesses secure greater success in the Chinese market.

Compliance Qualifications and Certifications

  • Tencent Cloud has acquired multiple certifications, including Germany’s C5, Korea’s KISMS, Singapore’s MTCS and OSPAR, United States’ HIPAA, and EU’s CISPE.
  • The company has also been awarded compliance qualifications, solidifying its position as a reliable partner for foreign enterprises.

Solid Technical System

  • Backed by years of experience in security operations, Tencent Cloud has set up a comprehensive and secure cloud infrastructure, allowing businesses to securely build their operations on the platform.

Cybersecurity Classified Protection (CCP) Compliance Solution

  • Article 21 of the Cybersecurity Law of the People’s Republic of China stipulates that network operators must fulfill their security protection obligations as required by the CCP system.
  • Tencent Cloud offers a cost-effective one-stop CCP compliance and security solution, helping enterprises better understand and improve their security protection capabilities.

Data Compliance

  • China’s Data Security Law entered into force on September 1, 2021.
  • Based on the provisions of the law and its considerable experience in data security governance, Tencent Cloud has released a data security compliance capability graph that covers 51 data compliance requirements in 14 subcategories under 4 categories for reference by enterprises expanding business in China.

Business Compliance Solutions

  • Tencent Cloud offers a range of business license services, including:
    • ICP filing (including ICP filing and PSB filing) for websites free of charge
    • Domain name registration
    • Application for ICP license
    • Application for EDI license
    • Application for SP license
  • The company also provides PCI DSS compliance service, which provides users with complete and systematic Payment Card Industry Data Security Standard (PCI DSS) compliance construction and assessment services.

Real Name Identification

  • Tencent Cloud provides leading, comprehensive, and secure identity verification services, helping foreign enterprises from various industries meet the identity verification compliance requirements in China.
  • The company’s real name identification solution is highly secure and reliable, utilizing Tencent Cloud Key Management Service (KMS) to ensure the security and reliability of the verification process.

Compliance Consulting

  • Tencent Cloud offers a rich set of consulting, training, platform implementation, assessment, and audit services that cover a wide range of technical standards in and outside the Chinese mainland.
  • These services aim to help enterprises stay compliant with laws, regulations, and industry-specific regulatory requirements so they can obtain the IT compliance certifications they need to meet their business goals.

Training Services

  • Tencent Cloud offers customized IT compliance training solutions, providing employees with the knowledge and skills necessary to safeguard their organization’s compliance and security operations.

Platform Implementation Services

  • Tencent Cloud provides customers with compliant platform services, simplifying their compliance management process and improving their compliance risk management capabilities.

Assessment and Audit Services

  • Tencent Cloud delivers IT management assessment and audit services, helping businesses identify main risks involved in IT management.
  • The company also provides professional guidance for improving and maintaining compliance throughout business operations.

Conclusion

In conclusion, Tencent Cloud China has established itself as a trusted partner for foreign enterprises looking to comply with Chinese regulations. With its comprehensive suite of security solutions and consulting services, the company is well-positioned to help businesses secure greater success in the Chinese market.