Japan’s 7-Eleven payment app gives easy access to scammers (BBC)

In a glaring security lapse, customers of 7-Eleven stores across Japan have lost millions of yen after scammers gained access to their online accounts.

The store launched a smartphone app for cashless payments earlier this week without realising the security risk.

Around 900 customers have had their accounts compromised and lost a combined 55 million yen ($510,000, £410,000), 7-Eleven said.

The chain has suspended the service and promised to reimburse customers. Read more

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