The US government is seeing 'an increasing number' of TikTok-like data security cases | CNN Business

  • 📰 CNN
  • ⏱ Reading Time:
  • 23 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 95%

Business News News

Business Business Latest News,Business Business Headlines

The US government is tracking a growing number of foreign-linked business transactions that pose potential data risks to national security similar to those raised by TikTok, Treasury Secretary Janet Yellen told lawmakers

At a House Appropriations Committee hearing, Yellen said regulators charged with screening foreign investment deals for national security risks have witnessed a rise in such cases, but she declined to discuss specifics. “When it comes to data, we’re seeing an increasing number of cases that do present risks around this issue of the type that have been mentioned in connection with TikTok,” Yellen told Iowa Republican Rep. Ashley Hinson.

Chew struggled to convince hostile Democrats and Republicans that TikTok user data will be secure from Chinese government spying under an initiative called Project Texas, as lawmakers at times bluntly said they did not believe his promises. Yellen did not elaborate on CFIUS’ continuing negotiations with TikTok except to say that the litigation connected to the talks is still ongoing, after Hinson asked Yellen to explain the reasons for delay.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

JanetYellen is discredited & disgrace to the America’s economy & financial system… right behind her is JeromePowell …. 😕😡

Is she supposed to be talking about the money Biden received from China ?

Denial of human rights is racist. The poor go first. Wash edu holidays. You shouldn’t need telling.

Finally listening to Trump....reality finally setting in for them...

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 4. in BUSİNESS

Business Business Latest News, Business Business Headlines