CYBER VULNERABILITY OF JAPANESE BANKING/FINANCIAL SYSTEM

Abstract

This study discusses the cyber vulnerability of Japanese Banking System and possible correlation with aging and considerably, less financial technologies educated population. As for 2020 there were taking place many major events regarding financial system databases leaked and in case Dokomo NTT Docomo Inc., the nation’s largest mobile phone carrier, about ¥28 million has been stolen from bank accounts linked to an e-money service operated by NTT Docomo Inc. When many of victims were not aware of their accounts connection to the NTT Docomo. As nowadays we use financial services online more frequently, it should be given more attention to customer awareness of possible cyber crimes and warn them appropriately.