Newsfrom Japan
Economy
Nagoya, Sept. 12 (Jiji Press)–Chubu Electric Power Co. Chairman Satoru Katsuno is considering how to take responsibility for an earthquake risk data fraud scandal involving its Hamaoka nuclear power plant in central Japan, including the possibility of resigning, informed sources have said.
Chubu Electric is suspected of cherry-picking earthquake vibration data during regulatory screening for restarting the No. 3 and No. 4 reactors at the Hamaoka plant in Shizuoka Prefecture.
The misconduct is believed to have occurred since at least 2012, prompting some to argue that Katsuno, who became chairman in 2015, should be held accountable.
The company has been involved in a series of scandals, including improperly billing costs for…
IT & DATA SECURITY (MITIGATING THE “INSIDER THREAT”)
As seen in the TD Bank case, an employee with too much “access” can sell your customer data to syndicates.
- Principle of Least Privilege (PoLP): Employees should only have access to the specific folders and databases required for their current task.
- Access Revocation: Have a “Termination Checklist” that ensures all digital access (Email, VPN, Banking) is revoked within 60 minutes of an employee resigning or being dismissed.
- System Logs & Audit Trails: Enable “Read/Write Logging” on your server. If a customer’s data is leaked, you need to know exactly which login accessed that record and at what time.
- Encryption at Rest: Ensure that sensitive files (like your customer ID numbers or payroll spreadsheets) are encrypted so that if a staff member copies them to a USB, they cannot be read.