A Chinese international purchasing agency has had its purchasing agency qualification revoked for serious risk of information leakage due to the company’s internal mismanagement and poor practices around managing sensitive data, the Equipment Development Department (EDD) of China’s Central Military Commission (CMC) announced in a statement on Tuesday.
According to the investigation, China Far East International Tendering Company, a branch under the China Far East International Trading Corporation, was found to have violated regulations and improperly forwarded a large amount of procurement announcement materials through WeChat and internet emails, and stored a large quantity of classified documents on non-confidential computers.
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Source: Global Times