Thursday, September 26, 2013
Illegal Online Banking Transfers Top Y500mn; 88% Suspects Chinese
TOKYO (Nikkei)--About 550 million yen was illegally withdrawn from 615 accounts using stolen online banking IDs and passwords from January through Sept. 20, according to data released Thursday by the National Police Agency.
The police said 88% of the suspects linked to such illegal transfers were Chinese, and 69% of the bank accounts to which the money was transferred belonged to Chinese people.
A total of 18 banks were affected, including Japan Post Bank, Mizuho Bank, Rakuten Bank, Bank of Tokyo-Mitsubishi UFJ, Sumitomo Mitsui Banking Corp., Resona Bank, Citibank Japan Ltd., SBI Sumishin Net Bank, Seven Bank (8410), Japan Net Bank, North Pacific Bank (8524), Juroku Bank (8356), Nanto Bank (8367), Ogaki Kyoritsu Bank (8361), Hachijuni Bank (8359) and Saitama Resona Bank. Two of the 18 banks did not allow the National Police Agency to reveal their names.
About 360 million yen was illegally withdrawn from 398 accounts from January through the end of July, surpassing the record figure on a yearly basis. Illegal money transfer through online banking began to increase significantly from June and have been continuing since August.
The National Police Agency voiced concerns, saying regional banks are also beginning to fall victim to illegal money transfers. The police are asking online banking users and banks to manage IDs and passwords more carefully.
(The Nikkei, Sept 26 evening edition)