CACCO INC. COPYRIGHT 2022 Cacco Inc.
Cacco Inc.｜ Stock Code: 4166 May 13, 2022
Financial Results for the First Quarter of Fiscal Year Ending December 31, 2022
Note: This document is an excerpt translation of the original Japanese document and is only for reference purposes. In the event of any discrepancy between this translated document and the original Japanese document, the latter shall prevail.
Executive Summary / Business of Cacco ― Rapidly increasing information theft and fraud crimes ―
The number of fraud crimes involving the misuse of information stolen through phishing and cyber- attacks is increasing rapidly, and countermeasures are urgently needed.
Information theft
Phishing
Cyberattacks
Credit card information
Login Personal
information information
Unauthorized use
of credit cards
Unauthorized
access
（C）Cacco Inc. All Rights Reserved.
Fraud crimes involving the misuse of information stolen Online shopping
Fraudulent orders
Internet banking |
Unauthorized |
remittances |
2 |
Executive Summary / Business of Cacco ― Cacco's fraud detection service ―
Cacco's fraud detection service is No. 1 in the number of installations in Japan*, contributing to the construction of a safe and secure EC infrastructure.
Cacco detects fraud.
Credit card information
Login Personal
information information
use
of credit cards
Unauthorized
access
Fraudulent Order DetectionService
- No. 1 in Japan in terms of number of installations
- Sharing of fraudulent information on 20,000 sites
- Well-connectedwith EC service cart systems
Unauthorized Access Detection Service
Safe and secure online
shopping
Safe and secure
Internet banking
Adopted by securities firms and banks Automatic detection of bots and
spoofing
Patented terminal identification technology
* TOKYO SHOKO RESEARCH, LTD., "Survey on the number of EC sites in Japan introducing paid fraud detection service," (as of the end of May 2021) （C）Cacco Inc. All Rights Reserved.
3
Executive Summary / Business of Cacco ― Business environment and market size ―
The market for fraud detection services is expected to grow further as society's demand for fraud countermeasures continues | ||||||||
to increase. | ||||||||
- In response to the rapid increase in fraud damage, regulations regarding anti-fraud measures have been tightened year after year, including revisions to the Installment Sales Act and | ||||||||
updates of credit card security guidelines. | ||||||||
Change in the Amount of Credit Card | Market Size of Fraud Detection | |||||||
Fraudulent Damage (Number Theft) | Services in Japan | |||||||
Approx. 1.4 times larger than | that in the previous year | |||||||
31.1billion yen |
+α | |||||||||||||||||||||||||||
Source:2014Japan Consumer2015 | Credit2016Association,2017 "Status2018of Damage2019from Unauthorized2020 2021Use of | ||||||||||||||||||||||||||
Credit Cards," March 2022 | 2026 | ||||||||||||||||||||||||||
Ranking of Fraudulent Activities after | Approx. | ||||||||||||||||||||||||||
Unauthorized Access Has Occurred | 274.2 billion yen | ||||||||||||||||||||||||||
1st place | Unauthorized remittances through Internet banking | ||||||||||||||||||||||||||
2nd place | Unauthorized purchases from Internet shopping | 2022 | |||||||||||||||||||||||||
Approx. | |||||||||||||||||||||||||||
3rd place | Unauthorized acquisition of information, such as snooping on e-mails | ||||||||||||||||||||||||||
184.9 billion yen | |||||||||||||||||||||||||||
4th place | Sending information while pretending to be an acquaintance | ||||||||||||||||||||||||||
5th place | Tampering with online gaming and community sites | ||||||||||||||||||||||||||
Source: "FRAUD DETECTION AND PREVENTION Global Market Trajectory | |||||||||||||||||||||||||||
Source: National Police Agency, Ministry of Internal Affairs and Communications, and Ministry of | & Analytics GLOBAL INDUSTRY ANALYSTS.INC. May 2021" (Calculated at $1 = ¥110) | 4 | |||||||||||||||||||||||||
Economy, Trade and Industry, 2022 "Status of Unauthorized Access Activities and Research | （C）Cacco Inc. All Rights Reserved. | ||||||||||||||||||||||||||
and Development of Technologies Related to Access Control Functions (FY2021)" | |||||||||||||||||||||||||||
Executive Summary / Management Vision
Cacco Evolutionary Purpose
Shaping the "Let's Do It" for a next game changer
The Cacco Evolutionary Purpose embodies our desire to contribute to the development of the Japanese economy by supporting people and companies that are taking on the challenge of making the world a better place.
When the company was founded, there was little fraud in Internet transactions, and there were no fully functional fraud detection services in the world. But we believed that in the near future, there would be a wide variety and high volume of fraudulent activities in all Internet transactions, including e-commerce.
Almost a decade later, as we predicted, fraudulent activity is occurring in all kinds Internet transactions, and the methods are becoming more complex, evolving and expanding. Since the release of O-PLUX in 2012, we have continued to develop it so that it can adequately respond to evolving threats, and as a result, it is currently the No. 1* installed security solution in Japan.
As a company that creates new value through security, payment, and data science technologies, Cacco will continue to strive to realize the Cacco Evolutionary Purpose and sustainably increase its corporate value.
* TOKYO SHOKO RESEARCH, LTD., "Survey on the number of EC sites in Japan introducing paid fraud detection service," | |
(as of the end of May 2021) | 5 |
（C）Cacco Inc. All Rights Reserved. |
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Cacco Inc. published this content on 27 June 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 27 June 2022 11:03:10 UTC.
