EXCLUSIVE: Govt to Back Cyberattack Info-Sharing among Biz

August 29, 2018

Tokyo- Japan's Internal Affairs and Communications Ministry will support the establishment of an information-sharing system on cyberattacks among companies, Jiji Press learned Tuesday.

The ministry hopes the system will be set up within fiscal 2019, aiming to begin a demonstration test. Related costs of 500 million yen will be sought in a budget request for the year starting next April, informed sources said.

The system will provide major communications companies and information technology businesses details of new cyberattacks, such as how systems have been infected with viruses and what types of attack have been launched.

The ministry plans to commission the private sector to build the system. The demonstration test is expected to go on for about three years from fiscal 2019.

The ministry hopes that the system will allow companies to share information as soon as cyberattacks come to light, so that they can take steps to minimize damage, the sources said.

Recently, cyberattacks using virus-containing targeted emails and ransomware have caused widespread damage quickly in and outside Japan. Jiji Press