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Home > News > NTT Comware provides PHISHCUT , an Anti-Phishing Solution for Nanto Bank
-- Protect your clients personal information from Phishing --
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| 2007.05.01 |
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NTT Comware provides PHISHCUT , an Anti-Phishing Solution for Nanto Bank
-- Protect your clients personal information from Phishing --
PHISHCUT, an anti-phishing solution by NTT Comware Corporation (below, NTT Comware; Head office: Minato-ku, Tokyo; President: Yuhji Imai) will be adopted by the Nanto Bank, Limited (Head office: Nara-shi, President: Hiromune Nishiguchi, below Nanto Bank) as the fourth operation of the service. The service using digital watermarking technology (*1) will be available on the banks website on May 8, 2007.
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[Background]
Phishing scams are acts of fraud committed by criminals who assume the identity of established financial institutions such as banks, and then contact victims through e-mail instructing them to access counterfeit websites to enter personal information including their credit card numbers and passwords. This type of fraud is on the rise, particularly in the United States.
Nanto Bank has been considering an anti-phishing solution as one of their crucial security issues of the website, for the users to use secure services because the Financial Services Agency of Japan promotes the use of countermeasures against phishing for financial institutions.
[Outline of PHISHCUT]
PHISHCUT is the anti-phishing solution, which is a system which embeds digital watermarks into the websites used by financial institutions as well as internet banking and shopping websites. This is to prevent personal information (e.g. login ID, password) of users from being sending to a phishing website as well as for its detection.
The website for download of authentication system and the dedicated software is available using ASP provided by NTT Comware. This system will require less time for the service and no initial costs. Users will only install the software for automatic authentication.
[Future Scenario]
NTT Comware has set a target of sales 100 million for the fiscal year of 2007, mainly for financial institutions.
[Terminology]
(*1)Digital watermarking technologies allow users to embed into images, video and audio a digital code that is imperceptible during normal use but readable by computers and software.
*PHISHCUT is the trademark of NTT Comware Corporation.
*NTT Comware Corporation has acquired the patent of PHISHCUT.
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The information shown in this page is the latest as of the day of the release. It is subject to change without further notice. Thank you for your kind understanding and consideration.
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