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This tool identifies global data protection authorities and privacy legislation.
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The Shanghai Supervision Bureau of China Banking and Insurance Regulatory Commission announced 1 million CYN fines respectively to two Chinese banks that failed to properly protect consumers' personal information. China Merchants Bank was fined after an investigation uncovered a five-year lapse in data security. The fine served to Bank of Communications stems from a similar lack of security related to credit card collection outsourcing.
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