Fear of retirement poverty drives Japanese to private pensions
Japanese households are rushing to private retirement products after a government report fueled fears that the national pension system won't be enough to support them during old age. SBI Securities Co. and Monex Group Inc. have seen applications for defined contribution pension plans surge since ...
A Tokyo firm processing personal data on millions of pensioners outsourced part of the task to a Chinese company — in violation of a contract that prohibited subcontracts.
Japan to boost drills to counter cyberattacks ahead of 2020 Olympics
The government plans to increase the number and scale of exercises aimed at countering cyberattacks during the 2020 Tokyo Olympics, government sources said Saturday. The drills, held about six times a year and involving ministry and agency officials, will be increased to at least 10 ...
The Japan Pension Service mistakenly underpaid and overpaid about 400 pensioners as a result of measures taken after a cyberattack that resulted in a massive leak of personal data, it was learned. According to the agency, the 400 belonged to the 960,000 pensioners whose ID ...
Structural deficiencies and lack of awareness about cyberattacks made the Japan Pension Service an easy target for hackers.
Culture change needed at pension body after massive data hack
The report on the data leaks at the Japan Pension Service (JPS), released Thursday by its internal body, has revealed that a culture where no one takes responsibility existed in the Social Insurance Agency, the JPS's predecessor, and continued at the refurbished entity. Prime Minister ...
The Japan Pension Service must offer a clear explanation on how it failed to prevent the hacking of its computer system, which resulted in a massive leak of personal data.
The Japan Pension Service, which is reeling from the theft of a massive amount of personal data, has discovered two of its personal computers continued to transmit data outside the organization for three days after it contacted police about a possible security breach, sources ...
100 virus-laden emails were sent to undisclosed addresses of pension body staff
None of the email addresses had been disclosed to the public, and there is a chance they were obtained by hackers who had previously attacked the organization's computer network.
Elderly women get suspicious calls possibly linked to pension info hack; inquiries top 158,000
Metropolitan Police Department said they confirmed two cases of suspicious calls made to elderly women in Tokyo Tuesday predending to be an official of the Japan Pension Service, according to media reports. Police warned of possible fraud in relation to the 1.25 million cases of ...
Japan Pension Service hack used classic attack method
The massive leak last month of personal data from the Japan Pension Service was the result of a simple error by its employees: opening a virus-laced email attachment disguised as a health ministry document. Hackers who tapped into the pension system and stole the data ...
Pensioners' lives are likely to become even more severe in fiscal 2015 as scheduled increases in pension payments track lower than the rise in general prices.
