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Half of #Japanese banks attacked by #hackers

Source: National Cyber Security – Produced By Gregory Evans

Half of #Japanese banks attacked by #hackers

Slightly over half of Japanese financial institutions have been exposed to cyberattack since 2015, according to a survey by the Bank of Japan (BOJ).

The central bank said on Monday (Oct 16) that 51 per cent of the 411 respondents had been attacked by hackers, with 10.9 per cent saying that their operations were affected as a result, Kyodo News reported.

The findings were from a survey conducted by BOJ in April on megabanks, local banks, as well as trust banks and credit associations, according to Nikkei Asian Review.

Of the institutions polled, 9.7 per cent said they suffered minor impact from a cyberattack, while 1.2 per cent said noted “significant fallout”, Nikkei reported.

The attacks ranged from viruses sent via e-mail, ransomware that threatened to wipe out infected computers’ data unless money is paid, to malware that rendered an institution’s website inaccessible, said Nikkei.

The survey also found that larger banks were more prone to attacks.

While a majority (85.4 per cent) of the financial institutions surveyed felt that the danger of cyberattack is increasing, three in five said they do not have enough manpower to deal with cyberattacks, Kyodo reported, quoting BOJ.

Still, spending in cybersecurity at the financial institutions has increased.

Banks in Japan are spending an average of 178 million yen (S$2 million) on cybersecurity in the current fiscal year ending March – a 60 per cent increase from the 2015 fiscal year, Kyodo reported.

While the Japanese banking industry has so far avoided a major cyberattack such as a serious information leak, “the scope of cyberattacks has spread rapidly over the past year or two to another level”, said Mr Keisuke Kamata, managing director of Financials ISAC Japan, which supports financial institutions’ cybersecurity efforts, according to Nikkei.

It is, therefore, vital that Japanese banks create systems that allow them to adapt quickly and efficiently to the ever-changing modes of attack, Mr Kamata added.

The survey was BOJ’s first on cybersecurity targeting financial institutions with accounts at the central bank, according to Nikkei. Next, the BOJ hopes to conduct in-depth discussions on cyberdefence with the institutions.

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Hackers steal 1.4 billion Yen from Japanese ATMs in 2 hours

Source: National Cyber Security – Produced By Gregory Evans

$12.7 million stolen from 1,400 convenience store ATMs across Japan in just two hours Japanese police are working on a rather intriguing case in which hackers managed to steal 1.4 billion Yen ($12.7 million) from 1400 different ATMs situated at different convenience stores around the country. Even more horrific is the fact that the entire […] View full post on AmIHackerProof.com | Can You Be Hacked?

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EastMeetEast Gets Funds From Japanese Investors

THE BRIDGE – Apr 7 – The firm has recently conducted a second funding round of an undisclosed amount from Mercari CEO Shintaro Yamada, East Ventures, 500 Startups, iSGS Investment Works, and DeNA. Read More….

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Kolkata court sends six to jail till Jan.30 for raping Japanese student

datingscams101.com – Kolkata, Jan.16 (ANI): A court here sent six men accused of gang raping a 23-year-old Japanese student to jail till January 30 on Friday. The six accused, Mohammad Sabir, Washim Khan, Sahid Iqbal, …

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Sleeping Japanese – Missing Computer AlertMissing Computer Alert

missingcomputeralert.com – Apparently public sleeping is very common in Japan. Thank god for the low crime rate, otherwise all yer stuff would be gone. Some of the places and positions… i would of checked if some of those pp…

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