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Strengthening security inspections for cashless payments Financial Services Agency | NHK News

2019-08-25T02:16:55.474Z

Since there are a series of damages caused by unauthorized access by cashless payment that pays for shopping with a smartphone etc. without using cash, finance…


To strengthen security inspections for cashless payments Financial Services Agency August 25, 11:11

Since the damage caused by unauthorized access has been repeated in cashless payments where payments are made using smartphones without using cash, the Financial Services Agency has inspected businesses for sufficient security measures.

In a service that uses a smartphone app to read QR codes or uses electronic money to make cashless payments, “PayPay” and “7pay” etc. receive unauthorized access, and the product is purchased without the user's knowledge. The damage that was done was a succession.

For this reason, the FSA has decided to focus on checking whether or not cashless payment operators are taking sufficient measures to prevent unauthorized access and cyber attacks since the fall.

In addition to examining whether payment system security measures and mechanisms for protecting users are sufficient, the policy is to check measures to prevent so-called money laundering by criminal organizations.

The policy is to conduct on-site inspections for suppliers suspected of having problems after listening.

Until now, the Financial Services Agency has been investigating whether cashless businesses have sufficient funds to pay back electronic money users.

In addition to this, I would like to increase the security of payments by examining security measures.

Source: nhk

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