Financial Services Agency publishes summary of Finance Minister Katayama and Minister of State for Special Missions in the Cabinet Office’s post-Cabinet meeting press conference

AI-assisted source summary · not independently verified. Content standards

At a post-Cabinet meeting press conference, Finance Minister Katayama said the government has not currently identified any cases of loans taken out under false identities or bank accounts opened as a result of corporate customer information leaks. On October 9, the Financial Services Agency urged financial institutions to strengthen transaction identity verification, encouraged them to read IC chip information, and called for stronger cybersecurity measures, including risk management of contractors. The G7 also agreed to hold a tabletop exercise in 2027 to address cross-border cyber incidents triggered by frontier AI.