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Cyberattacks hit a third of Japan firms or their service providers this year: Reuters poll

By · Published by Everything Blog

In short

The Reuters corporate survey revealed that roughly 10 percent of polled organizations suffered operational disruptions from recent cyber incidents, while others saw no direct damage. To mitigate future risks, 63 percent of companies have reinforced employee training alongside anti-phishing protocols, and nearly a third have expanded data backups and ransomware protections. The research also highlighted broader corporate pressures, as most firms plan to lift worker pay to retain staff despite warning that aggressive wage growth is becoming unsustainable.

Key points

  • Government intervention and corporate budget expansions reflect rising alarm over automat…: Government intervention and corporate budget expansions reflect rising alarm over automated digital threats and data leaks across Japan.
  • Companies are prioritizing basic staff training, stricter information controls, and ranso…: Companies are prioritizing basic staff training, stricter information controls, and ransomware backups to safeguard their critical operational infrastructure.
  • Businesses are attempting to balance growing cybersecurity outlays with planned wage incr…: Businesses are attempting to balance growing cybersecurity outlays with planned wage increases to preserve talent amid persistent price inflation.

Sources checked by our analysis pipeline: 1

TOKYO, Nov 12 : One-third of Japanese firms have been hit by cyberattacks targeting either their own systems or those of external service providers this year, a Reuters survey showed on Thursday, prompting companies to ramp up spending on cybersecurity.

The findings come after a series of major customer data breaches over recent months prompted the government last week to draw up an emergency package of countermeasures.

About 10 per cent of respondents said cyberattacks on their systems or those of their service providers had disrupted operations, while 22 per cent reported cyberattacks that caused no damage. Just over half said they had not been targeted, with the remainder unsure.

On cybersecurity spending, 3 per cent foresee a sharp increase, 59 per cent expect a moderate increase and 22 per cent anticipate little change.

"It is an endless battle. But we want to invest as much as possible to step up our security," a manager at a textile company wrote in the survey.

Among the surveyed companies, 63 per cent strengthened employee training and anti-phishing steps, 32 per cent stepped…

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