TOKYO -- With Japanese corporate management of personal information under scrutiny after revelations at messaging app Line, a Nikkei survey shows that about 40% of leading financial services institutions in Japan store or transfer customer data abroad.
Finance
As Japan ponders data rules, 40% of financial firms send user info overseas
Beyond Line, banks, brokerages and insurers outsource tech to China and elsewhere
Of the 49 financial services companies that responded to a Nikkei poll, 21 said they have sent user data from Japan overseas.
Read Next
Latest on Finance
