The security bug cannot be repaired properly, so just abandon the pit and get rid of it first? One month after the "7pay" security storm, 7pay officially held a press conference on apologizing on the 1st, saying that it would not be able to improve in the short term, and announced that 7pay would be officially suspended by the end of September. Photo/Reuters
[2019. 8. 01 Japan] If
fails to fix it, "7pay" can only give up: Japan's 7-11 electronic payment crash
security bug cannot be repaired properly, just abandon the pit and collect it first? In July this year, Japan's leading supermarkets, 7-11, launched the electronic payment "7pay". Unexpectedly, it was illegally stolen as soon as it was launched. A total of more than 800 people were injured and the amount of stolen money was nearly 40 million yen, which severely damaged the electronic payment business of 7-11. One month after the security storm, 7pay officially held a press conference on apologizing on the 1st, saying that if it is unable to improve in the short term, it announced that 7pay will be officially suspended by the end of September, and all losses of theft will be compensated by the company. 7pay's surprise announcement confessed that the official was unable to improve the loopholes in the security industry. However, 7-11, which had invested a lot of development resources, was defeated on 7pay for a while, and still left the foreshadowing of the future return.
▌Previous summary: "Japan 7-11's security storm: Theft of "7pay" supermarket electronic payment "7pay">
"7pay" storm began on July 1 this year. At that time, the supermarket electronic payment system launched by Japan 7-11 was officially launched. Users can use it in more than 20,000 7-11 supermarkets in Japan by binding credit cards, consumer finance cards or cash reserves. After it goes online, about 1.5 million members will be registered. This was originally the digital strategy of Seven I Holding, which was responsible, to build a grand territory in Japan's electronic payment market this year.
But unexpectedly, the energetic 7pay occurred shortly after it went online. On July 4, it was reported that the accounts of about 900 users were stolen, with a total amount of about 55 million yen. The serious situation forced 7pay president Kobayashi to hold an emergency press conference; but Kobayashi, who was on the front line, was not only unable to explain the doubts about system loopholes, but also was in a state of being unaware of the security issues that 7pay appeared, which caused criticism from 7pay users and public opinion.
After police investigation, two Chinese suspects have been arrested. One of them, Zhang Sheng, a 22-year-old suspect, said that he was instructed by others to commit the crime and used the 7pay user account password provided by the organization to buy a large number of electronic cigarette cartridges for profit. The entire case is being investigated in the direction of transnational cybercrime groups, and 7I Holdings Vice President Katsuhiro Goto also told the outside world that it was an attack from overseas hackers and denied the possibility of data leaking within the company.
"We apologize to the public from the bottom of our hearts!" On the afternoon of August 1, Japanese time, 7I Holdings held an emergency press conference to apologize and apologize for the storm caused by the theft. However, what was shocked by the outside world was that the official on-site announced that the system security issue that it would not be effectively improved in the short term, and decided to terminate the service of 7pay by the end of September. After the
event broke out, 7pay has suspended the new user registration and credit card storage function, which is almost equivalent to a "semi-waste" state. After nearly a month of case investigation and 7pay repair and reorganization, the confirmation of the identity and amount of the victim alone made the official frustrated. Although Vice President Katsuhiro Goto formed a special department to deal with security issues, the security loopholes have never been able to propose any further improvement measures.
As the leader of Japanese supermarkets, 7-11 is just as the 7pay problem is unresolved. FamilyPay, which was launched at the same time and other electronic payment competitors are constantly conquering the market.
"We apologize to the public from the bottom of our hearts!" On the afternoon of August 1, Japanese time, 7I Holdings held an emergency press conference to apologize and apologize for the storm caused by the theft. However, what was shocked by the outside world was that the official on-site announced that the system security issue that it would not be effectively improved in the short term, and decided to terminate the service of 7pay by the end of September.
The outside world questioned why it is necessary to terminate the service instead of re-launching it after improvement? Kohiro Goto said that this is "to ensure the safety of consumers." Since the misappropriation incident, consumers' confidence in 7pay has collapsed rapidly, and it is indeed difficult for the official to operate.In addition, although the password reset of the registered member's common ID "7iD" will be forced to be reset (the total number of members who have changed their passwords is 16.5 million), this still cannot guarantee the system's 100% security. The official analysis and analysis are unlikely to improve in the short term, so it decided to terminate 7pay's service first.
According to statistics from Sankei Shimbun, there are currently about 800 victims, with a total amount of about 38 million yen (about NT$10.98 million). Kohiro Goto promised that all the amount lost by the victims will be officially absorbed and compensated; 7pay will also refund the balance after termination of the service.
In addition to 7I Holdings Vice President Katsuhiro Goto, representatives from Shimizu Ken from the Digital Strategy Promotion Headquarters, Yuta Okuda, the 7Pay Business Director, and Hiroto Taguchi, the president of 7I Net Media responsible for digital strategy attended the press conference. President Kobayashi Kobayashi, who caused a storm in early July, did not attend.
Although 7pay is equivalent to a declaration of failure, does this mean that 7-11 abandons Japan's electronic payment territory? 7I Holdings said that it will not punish the relevant departments of the company for this case at present, and will set up a larger security countermeasure organization that connects the entire society; although 7-11 has invested huge resources in the strategic plan for electronic payments (but the actual number has not been disclosed), Goto Katsuhiro said that the termination of 7pay will not cause much damage to the group's operations, and it also left a foreshadowing, "When our system is reorganized in the future, it is not ruled out that it will continue to challenge."
In addition to 7-11, another supermarket leader, Family Mart, also launched electronic payments simultaneously in July this year, and also absorbed a large number of new members during the 7pay storm. In 2019, Japan regarded as the "new Warring States Period of electronic payments". In addition to the two mentioned above, LAWSON has joined the war. Other manufacturers include Lotte Pay, LINE Pay, PayPay jointly invested by Softbank and Japan's Yahoo, and many other manufacturers are eyeing each other. With the temporary defeat of 7pay, the battle for electronic payment in the Warring States Period may cause trouble again.
7-11 Although huge resources have been invested in the strategic plan for electronic payment (but the actual number has not been disclosed by the official), Goto Katsuhiro said that the termination of 7pay will not cause much damage to the group's operations, and left a foreshadowing, "When our system is reorganized in the future, it is not ruled out that we will continue to challenge." Photo/Reuters
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