Japanese
companies are being warned to look out for potential cyber-fraud and scams that
specifically target trading companies or exporters.
Most
of them, may not have the time, knowledge or resources available to invest in
security systems that provide better resilience to scams. This is a
vulnerability that scammers know of and use to their advantage.
Japanese Companies (suppliers)
have been attacked by hackers, who enter in their computer system and steal all
contacts from email book address. Then, these ‘scammers’ watch all
communication between Japanese supplier and buyers, waiting the right time to attack
you.
This happen when the deal is done
and your supplier from Japan issue your pro-forma invoice and send to you by
email. After a while you will receive an Authorization Letter from these Scammers
saying that its bank account has changed.
If you don’t take the following
actions, perhaps you will be a victim of internet fraud:
1) Make
sure all communication (emails) comes from your Supplier, not Hackers (who make
very similar email accounts to your supplier)
2) Avoid
any payment from suspicious email which attached AUTHORIZATION LETTER or saying
that bank account has changed.
3) Before
you make any payment, try to call your supplier to double check the bank
account
4) Call
your supplier and request your pro forma by fax (make sure it will come from
you trust supplier). Never request by email (Hackers will send you fake fax
too)
5) Usually
this hackers will ask you to make payment to different company name than you
are dealing with or private accounts sometimes in different country. Never make unusual wire transfer besides your supplier.
J.
Trading Corporation supports initiatives aimed at fighting internet fraud and
scams. While
there are ways to reclaim funds if you have been defrauded, you should think
twice before parting with your money. Before making any transfers to a company
that you have never dealt with before you should ascertain that you are dealing
with a legitimate business.
There
are good reasons why many leading banks encourage their clients to be extra
careful when dealing with an internet business and very often require a
reconfirmation before carrying out any remittance request.
It is of course best to prevent
becoming a victim of fraud in the first place
J. Trading Corporation is doing all possible to prevent
and stop Internet Fraud related crimes. In the past we successfully terminated
attempts of the criminals to take advantage of internet media with the purpose
of deceiving customers and making them transfer the payments for the goods they
never possessed. We have the latest technology recommended by the cyber police
division to make sure that all attempts for criminal action are intercepted
within the shortest possible time.
If you are reporting a fraud case please be specific with
such details as names of the people you were dealing, internet address, bank
account you transferred the payment. There are two effective police forces in
place to fight internet fraud and we highly advise you to report your case to
the professionals:
In case the fraud is coming from US based company, you
can report it to FBI affiliated organization called Internet Fraud Complaint
Center (IFCC Center) The Internet Fraud Complaint Center (IFCC) is a
partnership between the Federal Bureau of Investigation (FBI) and the National
White Collar Crime Center (NW3C). IFCC's mission is to address fraud committed
over the Internet. For victims of Internet fraud, IFCC provides a convenient
and easy-to-use reporting mechanism that alerts authorities of a suspected
criminal or civil violation. For law enforcement and regulatory agencies at all
levels, IFCC offers a central repository for complaints related to Internet
fraud, works to quantify fraud patterns, and provides timely statistical data
of current fraud trends.
Here are some more tips to reduce the chances of
being a victim of Internet Fraud.
Here are basic
things that you need to have in mind:
- Company must have an Official Webpage with own domain
- Company should have its physical address, phone numbers and fax numbers on the website.
- Company must have its license or registration number
- Contact JETRO (Japan External Trade Organization)
- Contact your Embassy in Japan. The embassy of your country in Japan has local knowledge and may in many cases provide you with information you need to make a sensible decision.