Cyberthreats loom over Japan's banks and supply chains: ex-NSA head

Recent hack of China's ICBC shows critical infrastructure a lucrative target

20231204 Cybersecurity Tokyo

Despite massive annual spending on cybersecurity, big banks and other critical services in Japan are still threatened by online criminals and organizations. (Nikkei montage/Source photos by Konosuke Urata and Reuters) 

MITSURU OBE, Nikkei Asia chief business news correspondent

TOKYO -- Ransomware attacks on critical infrastructure have exploded in recent years, with Japan an attractive target as the world's third-largest economy and a key financial hub, warns Michael Rogers, an advisor in the private sector and who formerly headed the U.S. National Security Agency.

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