Essay about soft bank
Softbank – theft of consumer data for extortion
Please read the report published by the IAPP in the journal Privacy Advisor.
Organisations do not normally volunteer any information about any sort of security breach unless they are compelled in some way. The incident described is no exception, it concerned Yahoo! BB and
Softbank of Japan offered broadband internet services across Japan through two subsidiaries – Yahoo!
BB and Softbank BB. In February 2004, the bank announced that the security of 4.5 million customer records had been compromised: data from both subsidiaries had been illegally copied and disseminated.
The leaked details included customer names, home phone numbers, …show more content…
5,000 yen in compensation for emotional distress and 1,000 yen for lawyer's fees.
Japan does not have a U.S. style class-action system, and the group of plaintiffs is but a small fraction of the 4.6 million affected customers of Yahoo!BB. After the incident, BB Technology had tried to appease all such subscribers and prevent any such litigation by issuing a 500 yen (approximately
Info 6027 Case Study
$4.50) cash voucher as "apology money" to each subscriber of its Yahoo!BB service. BB Technology may yet decide to appeal the decision, but this case may signal the opening of the floodgates to other private lawsuits of this kindin Japan.
This incident occurred before the Law Concerning the Protection of Personal Information (PIPL)