Japan: Financial Sector Assessment Program-Technical Note on Cyber Resilience and Financial Stability

May 13, 2024

Preview Citation

Format: Chicago

Japan: Financial Sector Assessment Program-Technical Note on Cyber Resilience and Financial Stability, (USA: International Monetary Fund, 2024) accessed December 22, 2024

Summary

Japan’s financial system is digitalizing rapidly, increasing exposure to cyber risk. As in other jurisdictions, the pace of digitalization in Japan has increased substantially, but cyber incidents have also surged in recent years. The tight interdependencies within its financial system, and beyond, make Japan vulnerable to evolving cyber threats. The Financial Services Agency (FSA) and Bank of Japan (BOJ) have made progress in enhancing the cyber resilience of the financial sector, but further work and enhancements are needed.

Subject: Cyber risk, Economic sectors, Financial Sector, Financial sector policy and analysis, Financial sector stability, Financial stability assessment, International organization, Monetary policy, PFM information systems, Public financial management (PFM), Technology

Keywords: BOJ-NET participant, Context of the Financial Sector Assessment Program, Cyber risk, Financial sector, Financial sector stability, Financial stability assessment, FSAP finding, Global, Japan Computer Emergency Response Team coordination Center, PFM information systems, Securities commission

Publication Details

Pages:

39
Volume:

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DOI:

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Issue:

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Series:

Country Report No. 2024/113
Stock No:

1JPNEA2024005
ISBN:

9798400276255
ISSN:

1934-7685

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