According to a survey conducted by Ipsos on predictions for global issues in 2019, ** percent of Chinese believed it likely that their personal data would be leaked on the internet in 2019. Personal data breaches had made the headlines in 2018, such as the data breach of ** millions Facebook users.
As of January 2025, the most significant data privacy violation fine worldwide was for social media giant Meta. In May 2023, the Data Protection Commission (DPC) of Ireland decided to fine the company with 1.2 billion euros or 1.3 billion U.S. dollars. The Chinese vehicle-for rent company Didi Global ranked second. In July 2022, China's data privacy regulator fined the company 8.026 billion Chinese yuan, or 1.19 billion U.S. dollars. The 2021 Amazon fine issued by Luxembourg's data privacy regulation authorities was 877 million U.S. dollars and was the third-biggest data breach fine as of the measured month. The 2019 fine of 575 million U.S. dollars to Equifax followed. In this incident, because of unpatched vulnerabilities, nearly 150 million people were affected, which caused the American consumer credit reporting agency to pay at least 575 million U.S. dollars.
In 2022, the size of the cybersecurity solutions market reached almost 8.5 billion U.S. dollars. According to the forecast, the segment was projected to grow to almost 20 billion U.S. dollars by 2028. By then the cyber security segment would account for the largest share of the forecasted 26 billion U.S. dollar market size of the cybersecurity market in China.
According to a survey conducted among U.S. enterprises in China in 2022, more than ********* of companies stated that the possibility of IP leakage and data security was higher in China. But looking at the long-term trend, the proportion of companies concerned about larger IP and data threats in China gradually decreased.
In 2024, nearly 950 million accounts were breached in China, the highest number across the Asia-Pacific region. In comparison, the number of accounts breached in India amounted to over 109 million that year.
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According to a survey conducted by Ipsos on predictions for global issues in 2019, ** percent of Chinese believed it likely that their personal data would be leaked on the internet in 2019. Personal data breaches had made the headlines in 2018, such as the data breach of ** millions Facebook users.