China's Ministry of Industry and Information Technology (MIIT) on Wednesday unveiled a directive that calls on organizations and government agencies to report cyber-attack information into a nationwide data repository, according to a Reuters report.
MIIT wants to gather information on malicious attacks, vulnerabilities in hardware and software, and IP addresses linked to nefarious content, the report noted.
The new policy will take effect Jan. 1, 2018 and MIIT will levy fines and penalties for non-compliance, Reuters reports.
China's decision to launch its large-scale database comes at a time when it seeks to safeguard its core infrastructure, as well as protect private companies, from massive cyber attacks. In June, for example, it put the finishing touches on a cyber emergency response plan for the nation.
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