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In recent weeks, Japanese companies have been hit by a wave of cyberattacks, with AI tools lowering the barrier to large-scale hacking. Data from cybersecurity firm Trend Micro shows that an unusually high number of Japanese organizations reported data breaches in September, with 13 in a single day, a record high for the year. Reports have been coming in thick and fast, with victims ranging from well-known companies such as SoftBank to Daiwa Securities, one of Japan's largest brokerages. "While the recent cyberattacks appear to be aimed at stealing personal information rather than causing business disruption, some attackers may be trying to probe the limits of Japan's active cyber defense system. As a result, Japan is likely to begin experiencing more destructive cyberattacks," said Mihoko Matsubara, chief cybersecurity strategist at NTT. Japanese Finance Minister Satsuki Katayama urged financial institutions on Friday to review their cybersecurity measures. Japan's Financial Services Agency has also called for related inspections, including assessing third-party risks and taking extra precautions when verifying user identities online.
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