Black & White Path

Apr 24, 2026 · Industry Insights

Why Some Chinese Banks Face Dual Penalties for Cybersecurity Violations and Their Staff Are Also Fined

In April 2026, the People's Bank of China Xinjiang branch fined Hami City Commercial Bank 3.836 million yuan for multiple regulatory breaches, including cybersecurity and data‑security violations, and also fined two of its technology staff members, illustrating a growing trend of dual penalties for banks and their tech personnel in China.