HONG KONG, 16 MARCH 2009 – Japan Post Bank has deployed the RSA’s FraudAction service to protect its customers and assets from online crime and phishing attacks.
As one of the world’s largest banks in terms of total assets, the Tokyo-based Japan Post Bank provides comprehensive financial services to its customers through a network of post offices deployed throughout the country.
‘Yuucho Direct’, Japan Post Bank’s Internet banking service, offers customers convenient access to their accounts for balance inquiries, fund transfers and bill payment without visiting a bank branch or post office.
Online attack down 95 per cent
Japan Post Bank selected US-based security provider RSA’s FraudAction for the latter’s online attack prevention service. It was quickly deployed in June 2008 without any modifications to the bank’s existing systems.
Since the implementation of RSA FraudAction, Japan Post Bank has been able to detect and quickly shut down phishing attacks and protect customers’ personal information and financial assets, said RSA.
“The number of phishing attacks in Japan and elsewhere has rapidly increased and crimeware, attack techniques and fraud supply chains have become more sophisticated. In response, when online fraudsters target our customers, our fraud analysts can act rapidly and reduce the active lifetime of an online attack from 115 hours to an average of five hours,” said Osamu Yamano, president of RSA Japan.
Identity protection and verification
RSA FraudAction is a service available from the RSA Identity Protection and Verification Suite and is designed to detect, track and shut down phishing, pharming and Trojan attacks perpetrated by online fraudsters. RSA FraudAction has been adopted by about 320 companies worldwide and has shut down more than 130,000 illicit websites across 140 countries.
The RSA Anti-Fraud Command Center has established direct, open channels with more than 9,000 Internet service providers around the world, as well as dozens of computer emergency response teams and law enforcement agencies.
