① The National Financial Supervisory Administration issued the data security management measures for Banks and Insurance institutions. Banks and Insurance institutions should establish a data security technology protection system against Big Data, Cloud Computing, Penghua CSI Mobile Internet Index Fund(LOF)-A, and Internet of Things in diverse heterogeneous environments. ② CITIC SEC's research report points out that data security is an important growth increment for the Cybersecurity industry, accompanied by the increasing proportion of cybersecurity spending in IT expenditure.
The National Financial Supervisory Administration issued the data security management measures for Banks and Insurance institutions. Banks and Insurance institutions should establish a data security technology protection system against Big Data, Cloud Computing, Penghua CSI Mobile Internet Index Fund(LOF)-A, and Internet of Things in diverse heterogeneous environments, build a data security technology architecture, clarify data protection strategy methods, and take technical measures to ensure data security.
The current commercial model for data security focuses on products/platforms/services, which together form a complete solution. CITIC SEC's research report points out that data security is an important growth increment for the Cybersecurity industry, accompanied by the increasing proportion of cybersecurity spending in IT expenditure. In terms of competitive landscape, Cybersecurity companies, data security Ventures, vertical field IT manufacturers, and IT infrastructure manufacturers are competing on the same stage. Cybersecurity companies are expected to benefit the most in the short term due to their strong capabilities in product line expansion, solution provision, and the accumulation of industry client resources, continuing to stake their claims in the government, telecommunications, and finance sectors, while also having ample participation opportunities in Internet and Autos sectors; it is expected that in the medium to long term, many Cybersecurity companies will focus on data security as an emerging track for key layout, as running through the business model, they are likely to reap greater growth potential.
According to data from the financial news agency, among the relevant listed companies:
Topsec Technologies Group Inc. has launched dedicated data security products such as terminal leakage prevention, network leakage prevention, data desensitization, Big Data security protection, and a data security management and control platform, while simultaneously building a consulting services team for data security governance.
Venustech Group Inc. is one of the industry's earliest professional Cybersecurity companies to enter the data security field, having developed a leading series of data security products in China that help users construct a comprehensive and multi-layered data security protection system.