Bank of Communications' Tongling Branch Sanctioned for Cybersecurity Compliance Failure

Deep News03-17 13:50

On March 17, financial authorities disclosed that the Tongling branch of the People's Bank of China issued a warning to Bank of Communications Co., Ltd. Tongling Branch for failing to fulfill its cybersecurity protection obligations as required by regulations. The penalty was documented in the administrative punishment decision record released by the central bank's Tongling branch.

Details of the penalty are as follows:

Sequence Number: 1 Name of Party Involved: Bank of Communications Co., Ltd. Tongling Branch Document Number of Administrative Penalty Decision: Tong Yin Fa Jue Zi [2026] No. 1 Type of Violation: Failure to fulfill cybersecurity protection obligations as required Content of Administrative Penalty: Warning Authority Issuing the Penalty: Tongling Branch of the People's Bank of China Date of Penalty Decision: March 9, 2026 Public Disclosure Period: One year (calculated from the date of announcement) Remarks: None

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