The alert urges customers to strengthen security after stolen login IDs and passwords were used for unauthorized access and fraudulent trades on internet trading services.
Japan’s securities regulator warned customers to guard against phishing scams involving fake securities company websites after stolen client information, including login IDs and passwords, was used to gain unauthorized access to internet trading services and carry out fraudulent transactions. The notice tells users to strengthen security measures for securities accounts as online account takeovers remain a common attack route when criminals obtain credentials through deceptive websites.