Japan Post Bank protects online customers with RSA

Source: RSA

RSA, The Security Division of EMC (NYSE: EMC), announced that Japan Post Bank, one of Japan's largest banks, has implemented the RSA FraudAction service as an effective countermeasure to protect its customers and assets from online crime and phishing attacks.

Tokyo-based Japan Post Bank, one of the world's largest banks in terms of total assets, provides comprehensive financial services to its customers through a network of post offices deployed throughout Japan. Its "Yuucho Direct" Internet banking service offers customers convenient access to their accounts for balance inquiries, fund transfers and bill pay without visiting a Japan Post Bank branch or post office. Japan Post Bank selected RSA FraudAction because of its innovative approach to preventing online attacks and the service 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 successfully detect and quickly shut down phishing attacks and protect its customers' personal information and financial assets.

"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. This quick response decreases the number of users who may have been guided to fraudulent websites designed to steal personal information," said Osamu Yamano, President of RSA Japan.

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