AsianFin -- Chinese authorities have fined fashion giant Dior’s Shanghai subsidiary after finding the company guilty of transmitting data overseas without undergoing the required security screening, according to state media.
Citing the National Cybersecurity Notification Centre, state news agency Xinhua reported on Tuesday that the investigation was launched following media reports of a data breach at the French fashion brand. Users in mainland China had received alert text messages from Dior, prompting regulatory scrutiny.