7-Eleven Japan has shut down its two mobile app two days after launching it on 1 July, after hackers exploited a badly designed password reset function and stole JPY55m ($510,000) from around 900 customers. According to a company press release, as well as enabling hackers to request new passwords for other accounts, the system also allowed them to be sent to third-party email addresses. 7-Eleven Japan said it will compensate all users who lost money.
7-Eleven Japan has shut down its 7pay mobile app two days after launching it on 1 July, after hackers exploited a badly designed password reset function and stole JPY55m ($510,000) from around 900 customers. According to a company press release, as well as enabling hackers to request new passwords for other accounts, the system also allowed them to be sent to third-party email addresses. 7-Eleven Japan said it will compensate all users who lost money.