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Seven-Eleven Japan pay app was easy mark for hackers

7pay opted for convenience over security -- and paid dearly

Hackers who breached Seven-Eleven's mobile payment accounts are suspected of using lists of usernames and passwords leaked from a website or illegally obtained on the internet.   © Reuters

TOKYO -- Seven-Eleven Japan thought using two-factor authentication for its just-released mobile payment feature would be too much of a hassle for users, a gamble that quickly cost the company consumer trust.

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