ITOCHU Techno-Solutions Debuts Cybersecurity Service

ITOCHU Techno-Solutions Corporation will begin offering the “Financial Cybersecurity Guideline Smart Check Service” to financial institutions. This service is based on the “Guidelines for Cybersecurity in the Financial Sector” formulated by the Financial Services Agency, and identifies and evaluates the current state of customers’ cybersecurity management systems, and proposes specific countermeasures from a technical perspective. The service will be rolled out to financial institutions, with the aim of receiving orders from five companies within one year.

In recent years, cyberattacks targeting financial institutions have become more sophisticated, resulting in increasingly serious damage such as information leaks and fraudulent transfers. In response to this, the Financial Services Agency (FSA) formulated the FSA Guidelines in October 2024, publishing 176 items on cybersecurity governance for financial institutions, risk identification, cyberattack prevention, detection, and third-party risk management. Comprehensive verification of these items requires not only security expertise but also sufficient time and systems to evaluate and analyze the progress of each item.

This service assesses the status of your current security measures using CTC’s own checklist against the 176 items in the Financial Services Agency guidelines. Specific countermeasures are then proposed for any issues that are identified as a result of the assessment.

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The CTC checklist addresses multiple elements contained in the FSA guidelines, one by one, and presents them as a single point of discussion. By providing information to assist with interpretations of the guidelines and responses, we minimize discrepancies in responses due to differences in the respondent’s perspective. Based on the responses, we also analyze current security measures from the perspectives of “policy,” “implementation,” “operation,” and “monitoring,” and present a prioritized list of unaddressed items. Using the checklist, the evaluation can be completed in approximately two months.

Another major feature of this service is that it allows CTC to utilize its extensive track record and expertise to seamlessly propose product and service selection, implementation, and operational support for issues identified through this service.

Even financial institutions that have already conducted self-assessments against the Financial Services Agency guidelines can use this service to systematically re-assess their own initiatives, which will be useful for future improvements.

Going forward, CTC will continue to contribute to the stable operation of customer systems by expanding its services to help improve corporate security.

SOURCE: PRTimes