The head of the national cyber agency has declared a "state of emergency in cyber space," blaming legacy systems and an aging workforce for the vulnerabilities. While some experts argue that AI is lowering the technical bar for criminals, others claim it is not directly causing these breaches but is instead making smaller, poorly guarded targets more profitable to hit.
Wednesday, October 21, 2026
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Japan Regulator Warns Banks Against Driver IDs After 1.6M Data Leak
Cybersecurity11 days ago
The financial sector is under pressure to abandon traditional paper documents for identity verification after a string of massive data breaches. Japan's financial regulator is warning lenders not to trust driving licenses, citing the theft of 1.6 million license photos from a car-sharing app with copies selling for as little as ¥25 ($0.15) each. This crisis follows a ransomware attack on IDC Frontier, a cloud unit of SoftBank, which disrupted rail operator JR East, multiple local governments and more than 20 firms including barbecue chains.
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