Funds outflow due to fraudulent instructions from malicious third parties
First written in FY2023-Q2. 2 of 3 entries say "Materialised", first in FY2023-Q2. Latest entry: FY2023.
Precision System Science moved to the "Worse" side of this theme in 2023.
2 other companies' latest entry also says "Materialised".
- FY2023MaterialisedAnnual report
「The incident resulted from funds being transferred out based on false instructions from a malicious third party.」
A loss of ¥54.931 million from remittance fraud resulting from false instructions was recorded as an extraordinary loss for the full fiscal year. The disclosure also described the formation of a response team, notification to investigative authorities, measures to prevent recurrence, and procedures to recover the funds. - FY2023-Q3RestatedAnnual report
「The Company continues to address the incident, which was disclosed as a material subsequent event in the second-quarter consolidated accounting period, involving funds being transferred overseas based on false instructions from a malicious third party, with a view to resolving the matter.」
It was reconfirmed that the Company continues to address the incident involving funds transferred overseas as a result of false instructions from a malicious third party, with a view to resolving the matter. - FY2023-Q2MaterialisedAnnual report
「At the Company, between mid-December 2022 and mid-January 2023, funds were transferred out based on false instructions from a malicious third party in connection with payment procedures for imported goods from overseas." "The maximum estimated loss currently identified is approximately ¥55 million, while the final estimated loss, including recoverable amounts, has not yet been determined.」
Funds were actually transferred out as a result of false instructions concerning payment procedures for imported goods from overseas. The maximum estimated loss was approximately ¥55 million, while the final loss amount remained undetermined. The disclosure also described the formation of a response team, filing of a damage report, measures to prevent recurrence, and procedures to recover the funds.