Market Chatter: Japan to Enroll 1,000 Small Businesses in Cyberattack Detection Pilot Program
Japan will launch a pilot program to detect cyberattacks at 1,000 small and midsize businesses, alongside a new security certification framework, Nikkei Asia reported on Friday, citing the Ministry of Economy, Trade and Industry.The ministry will begin recruiting participants as early as May for the yearlong trial set to start this summer, drawing companies from sectors with complex supply chains such as automotive, logistics, construction, and finance, the publication said.Vendors will also be solicited to develop the necessary systems, while the ministry will advise participating firms on security measures based on their specific business relationships, the news daily said.The government plans to work with vendors to commercialize and price these services specifically tailored for small and medium-sized enterprises, the report said.(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)