Senator Tom Cotton of Arkansas is urging a federal investigation into Airwallex, a financial platform, over potential data security risks. Airwallex, which processes sensitive data for major US companies, has operations in China and Hong Kong, raising national security concerns. Reports suggest China-based staff attempted to access client data, and Airwallex struggled to separate customer data from its China operations after moving its headquarters. Senator Cotton argues this could violate an executive order restricting data transfer to countries of concern.
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Published on 2 weeks ago
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