Japan’s cybersecurity market is expected to grow by 19 percent in 2016. With that staggering figure in mind, William “Bud” Roth, Non-Resident Fellow for Cybersecurity at Sasakawa USA, presented research on the topic at “New Trade Opportunities for Exporters,” a international business forum held February 4, 2016 with the Washington, D.C. Chamber of Commerce in coordination with ExportDC and the Northern Virginia and D.C. Export Assistance Center.
Roth’s presentation included points on recognizing the threat from cyber attacks, Japan’s new cybersecurity framework, Japan’s cybersecurity market, doing business as a foreigner in Japan, and foreign cybersecurity companies in Japan. He detailed a history of sophisticated attacks against sensitive government targets over the past five years, specifically the Pension Service hack and the recent slew of Anonymous attacks against Japanese websites — and how they relate to the government and public’s awareness of cybersecurity risk to Japanese firms and agencies.
Roth also detailed Japan’s cybersecurity legal framework and some of the implications of Japan’s new Cybersecurity Basic Law. Finally, he ended the presentation with a look at both the hurdles and opportunities that relate to doing business in Japan as a foreigner.