In just a few weeks, U.S. companies that do business in China are going to confront a host of challenges related to the enactment of a fresh batch of cybersecurity rules that could also force open the locks on trade secrets and other sensitive information.
Most U.S. companies that operate in China were already wary of losing their grip on intellectual property assets, said David Katz, a partner at Nelson Mullins Riley & Scarborough in Atlanta who specializes in privacy and data security. Now, in light of the new, far-reaching rules, doing business in China is likely to be “more challenging and potentially perilous,” he said.
