How You Can Prepare for Japan’s Coming Wave of Cybercrime

Corporate Japan is about to go through a major transition in its approach to computer security. In the past, Japan-only payment systems and the Japanese language itself provided a barrier that kept international fraud and attacks at a very low level. All that is changing now. With payment systems becoming increasingly global, and free, instant translation available to anyone with a browser, fraud is on the rise in Japan. Today we sit down with Atsuyoshi Shimazu of Caulis, and he’s going to both explain the new threats and explain exactly what he plans to do about them. He’ll also explain why Japan’s current approach to the internet of things means that things might get worse before they get better. It’s a great conversation, and I think you’ll enjoy it. Show Notes Why 50 million accounts are at risk in Japan Why some Japanese companies avoid taking security measures Toyota's vision of connected cars in the gig economy What security looks like in an IoT world Why online fraud is about to skyrocket in Japan Japan's susceptibility to ransomware attacks Why hacking insurance might be the future of security Why Japanese CSOs and CIOs are so bad at their jobs Links from the Founder Connect with Atsuyoshi on LinkedIn Friend him on Facebook Find out about Caulis Follow them on twitter @CaulisJP Visit them on Facebook Find out if your account has been hacked at Have I Been Pawned [shareaholic app="share_buttons" id="7994466"] Leave a comment Transcript Welcome to Disrupting Japan, straight talk from Japan’s most successful entrepreneurs. I’m Tim Romero, and thanks for joining me. Today, we’re going to talk about fraud. Online fraud, hackers, scams, identity theft in Japan, and what exactly we can do about it. Now, I’ve been involved professionally in IT in Japan for more than 20 years, and that includes both enterprise scale big IT and startup scale little IT. Corporate Japan has always had a strange relationship with computer security. On one hand, companies are very sensitive to security concerns and they’ll pay top dollar for security hardware and software systems and evaluations. But on the other hand, day-to-day security practices are often neglected. Operating systems remain unpatched, firewalls are set up and then never touched again, and backup systems are rarely tested. Right now, however, Japan is going through a bit of a security transition in both their understanding of fraud and how susceptible their systems are to fraud and hacking, and walk you through some of these important changes. Today, we sit down with Atsuyoshi Shimazu, founder and CEO of Caulis. Now, Caulis offers a distributed online fraud prevention service called Fraud Alert, and it’s solid technology that has a special appeal in the Japanese market. Now, Atsuyoshi also explains how the internet of things is going to force all of us to radically change the way we think about online security and security in general. He also explains why the instances and losses due to online fraud is set to skyrocket in Japan over the next two years. But you know, Atsuyoshi tells that story much better than I can. So let’s hear from our sponsor and get right to the interview. [pro_ad_display_adzone id="1404"  info_text="Sponsored by"  font_color="grey" ] [Interview] Tim: So I’m sitting here with Atsuyoshi Shimazu of Caulis, the makers of Fraud Alert, which is an online security and fraud prevention tool. I’m sure you can explain it much better than I can. Thanks for sitting down with me. Can you tell me a bit about what Fraud Alert does and what Caulis is? Atsuyoshi: Fraud Alert protect the corporate website from the fraud attack such as brute force attacks. At first, we protect the log-in page and also conversion page such as money transfer pages. Tim: You’re preventing unauthorized access to web pages and monitoring the behavior on those pages as well?...