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Participation in Initiative to Close Phishing Sites

NQ Score 100/100

AI Summary (NQ-processed)

au Financial Service Corporation is joining a new initiative led by the Credit Card Association of Japan, involving 13 credit card companies, to combat rising phishing attacks. This collaboration aims to significantly expand the closure of phishing sites, targeting over 90% of non-financial institution phishing sites to reduce fraud and enhance customer security in credit card usage.

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Frequently Asked Questions

Q: Which company is participating in the JCCA-led initiative to close phishing sites starting in April 2026?
A: au Financial Service Corporation, headquartered in Minato-ku, Tokyo, and led by President and CEO Atsushi Nagano, is participating in the initiative starting April 2026.
Q: How many domestic credit card companies are involved in the joint effort to combat phishing sites?
A: Thirteen domestic credit card companies are collaborating in the initiative led by the Credit Card Association of Japan to close phishing sites.
Q: What is the estimated financial damage from fraudulent credit card use in 2025 according to the article?
A: The estimated damage from fraudulent credit card use in 2025 is approximately 51 billion yen, with about 75% attributed to phishing.
Q: What percentage of phishing-related fraud targets non-financial institution brands, and how much coverage does the initiative aim to achieve?
A: The initiative aims to cover over 90% of phishing site brands that are not financial institutions, which are commonly used for stealing credit card information.
Q: Which organizations is au Financial Service Corporation collaborating with to detect and shut down phishing sites?
A: au Financial Service Corporation is collaborating with ACSiON Inc., the Phishing Control Council, JCCA, and 13 domestic credit card companies to detect and close phishing sites.