Pan Pacific International Holdings announced that Securitize Japan, which it has engaged to handle its digital bond operations, had experienced unauthorized access to its systems. It is currently investigating whether any information was leaked and said the scope of the impact remains under review.
Pan Pacific International Holdings (PPIH) announced that unauthorized access had occurred on the systems of Securitize Japan, which it has engaged to manage applications for digital bonds and registration information. As a result, users are unable to check digital bond application histories or change registration information. No personal information leak has been confirmed at this time, but the investigation, including the possibility of a leak, is continuing. The company said it confirmed unauthorized access by a third party on 29 October.
The company had planned to issue the digital bonds in 2025, and they have already reached maturity. It has suspended the system in response to the incident, and has not disclosed when service will resume. The investigation results are expected to be released and the scope of the impact identified going forward.