2007.09.25
NTT Comware provides PHISHCUT, an Anti-Phishing Solution for Yamaguchi Bank
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 Yamaguchi Bank Limited (Head office: Shimonoseki-shi, Yamaguchi, President: Kohichi Fukuda, below Yamaguchi Bank). The service using digital watermarking technology (*1) will be available on September 26, 2007 . If PHISHCUT determines the website to be potentially counterfeit, PHISHCUT will prevent the user's personal information from being sent to the website with an alert.
1. 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, as well as in Japan. The Financial Services Agency of Japan promotes the use of countermeasures against phishing for financial institutions.Yamaguchi 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. This is the fifth operation of this service for financial institutions.
2. 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 of users (e.g. login ID, password) 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 system (*2) 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.
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.(*2) ASP system is a business model to lease a corporate-use application software to customers through Internet. Application software installed in ASP server is available on a browser for users.
*PHISHCUT is the registered trademark of NTT Comware Corporation.
* NTT Comware Corporation has the patent of PHISHCUT.
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. PageTop
