China urges banks to remove IBM servers over espionage concerns – report

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China is calling on banks to stop using IBM servers and replace them with local-made machines amid fears that the nation’s financial security might be compromised via the US-based company’s servers, a Bloomberg report has revealed.The new request comes amid an intensified spy scandal between China and the US.The People’s Bank of China and the Ministry of Finance have been asking banks to suspend operation of the International Business Machines (IBM) servers as part of a trial program, while the Chinese government analyzes security risks concerning the use of the servers. Bloomberg cited four sources familiar with the matter.The complete analysis is to be transferred to a working group on internet security headed by President Xi Jinping.

For full report read …… http://rt.com/news/161848-china-ibm-servers-banks

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