China-linked lending apps on government’s radar amid potential data breach threat

China-linked lending apps on government’s radar amid potential data breach threat

Posted September 22, 2020

China-linked lending apps on government’s radar amid potential data breach threat

  • Recent developments have had significant questions being asked on the grounds of national security, both by the Indian and American governments, regarding apps with ties to China (that’s what the entire TikTok fiasco is), jeopardising user data to aid the Chinese government.
  • The Indian government has now turned its focus on to fintech organizations with direct links to China, in an attempt to check for a potential data breach.
  • A recent search has shown that many fintech apps and organizations operating within the country have direct links to Chinese officials and have Chinese nationals as their company directors.

The Tech Portal – Sanjoy Ghosh | September 22, 2020