Seven & i Resets All Passwords after Hack

Economy

Tokyo, July 30 (Jiji Press)--Japanese retailer Seven & i Holdings Co. <3382> said Tuesday that it has reset passwords for all of some 16.5 million 7iD members that are needed to use its 7pay smartphone payment service, following a recent security breach of the service.

Users will need to register new passwords to continue using the service. The company has set stricter rules for password setting.

Changing passwords will be effective in preventing illegal access, the company said.

Passwords and 7iDs will be needed to use not just 7pay but also Seven & I's Omni7 online shopping site.

The company also said the number of victims of the 7pay hack stands at 807 and that the amount of damage totals some 38.6 million yen.

[Copyright The Jiji Press, Ltd.]

Jiji Press