NEC Launches Cybersecurity Framework for Regional Financial Institutions in Japan

NEC Launches a Comprehensive Cybersecurity Framework for Regional Financial Institutions

In an era where digital transformation is escalating and the reliance on cloud services is on the rise, the cybersecurity landscape is becoming increasingly complex and varied. Recognizing the growing challenges posed by cyber threats, NEC has announced a strategic initiative aimed at supporting regional financial institutions in Japan. In accordance with the guidelines outlined by the Financial Services Agency (FSA), NEC is preparing to introduce a structured cybersecurity model designed to enhance the resilience of these institutions. Starting in the fiscal year 2026, this framework will be gradually made available to regional financial institutions and businesses, promoting not just their individual security enhancement but also contributing to the sustainable development of local economies.

Contextualizing the Need for Enhanced Cybersecurity

The evolution of digital services has amplified the risk landscape for organizations across various sectors, particularly within the financial domain. Financial institutions are under increasing pressure to meet advanced security standards as stipulated by the FSA guidelines and international benchmarks. However, many face significant burdens in implementing tailored security measures owing to the demand for specialized personnel and the resource-intensive nature of such initiatives. Furthermore, incidents like cyberattacks or data breaches can halt operations, jeopardizing business continuity and necessitating the implementation of robust resilient systems. Proper risk management across the supply chain is indispensable for the sustained viability of businesses, which in turn significantly impacts regional economic growth.

Considering this pressing context, NEC is committed to fostering a collaborative framework for cybersecurity in the financial sector — traditionally a non-competitive field. The company aims to leverage its extensive cybersecurity expertise to provide not only insights but also a well-structured implementation guide tailored for regional financial institutions.

Overview of the Cybersecurity Model

NEC's cybersecurity model is grounded in practical applications derived from observations at regional financial institutions. It combines a structured approach in line with FSA guidelines, offering three primary pillars of support:

1. Integration of Security Measures into a Model Platform
This component includes several effective strategies based on prior successes, such as Attack Surface Management (ASM) for continual vulnerability assessments and Cloud Security Posture Management (CSPM) for comprehensive oversight of cloud service configurations.

2. Establishment of Joint Security Operations and Shared Information Schemes
NEC will facilitate the standardization of security protocols and incident response procedures among participating financial institutions. This collective approach will ensure real-time sharing of knowledge and threat intelligence, bolstering the efficiency of operations and response initiatives. Furthermore, NEC intends to provide backup strategies and training programs that enhance operational continuity.

3. Development of Cybersecurity Talent and Awareness
Beyond mere education, NEC aims to foster a culture of security awareness through shared information channels that enhance the overall security posture of participating financial institutions.

Leveraging NEC's Advanced Technologies

At the core of this model is NEC's intelligence-driven next-generation cybersecurity service, CyIOC. This service merges NEC's proprietary threat intelligence with advanced AI capabilities, supporting proactive defense measures and comprehensive incident response frameworks. With years of expertise and established success in cybersecurity practices, NEC’s trained specialists will support institutions in all phases, from introduction to ongoing management.

Future Developments

Moving forward, NEC is determined to roll out this cybersecurity model across Japan’s regional banks and credit unions, while also promoting its adoption among local businesses that rely on these financial institutions. This collective enhancement of regional cybersecurity standards is vital in equipping local economies to better withstand cyber threats.

In line with its vision of creating value through the BluStellar model, NEC aims to transform traditional business paradigms through industry-agnostic expertise and leading-edge technologies, ultimately addressing social challenges and the operational needs of its clients. With a mission to protect Japan's cyberspace (.JP), NEC's commitment to fortifying the nation’s digital infrastructure remains steadfast, leveraging the CyIOC service to combat the evolving threats posed by sophisticated cyberattacks.