What is the purpose of this initiative?

To prevent phishing attacks aimed at illegally obtaining credit card information and ensure user safety.

Will there be more participating companies?

Yes, five new companies will join, expanding the initiative to a total of 13 companies.

How serious is the phishing problem?

The annual amount of fraud losses is estimated at 51.05 billion yen, with approximately 75% attributed to phishing.

AI News NQ Analysis

Japanese Credit Card Companies, ACSiON, Phishing Countermeasures Council, and Japan Credit Card Association Expand Joint Phishing Site Closure Initiative

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AI Summary (NQ-processed)

13 major Japanese credit card companies, along with ACSiON, the Phishing Countermeasures Council, and JCCA, are expanding their joint phishing site closure initiative, launched in April 2025, to further deter phishing damage and enhance user safety.

AI Analysis

Frequently Asked Questions

Q: What is the purpose of this initiative?: A: To prevent phishing attacks aimed at illegally obtaining credit card information and ensure user safety.
Q: Will there be more participating companies?: A: Yes, five new companies will join, expanding the initiative to a total of 13 companies.
Q: How serious is the phishing problem?: A: The annual amount of fraud losses is estimated at 51.05 billion yen, with approximately 75% attributed to phishing.