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Japanese Bank Enhances Online Banking Security Measures

TOKYO - Shinsei Bank’s online banking platform, PowerDirect, has taken significant steps to ensure the safety and security of its customers’ transactions.

Advanced Security Measures

PowerDirect employs a range of advanced security measures to prevent unauthorized access and protect customer data. These measures include:

• Encryption: The bank uses 128-bit SSL encryption to protect information transmitted between customers and the website, making it virtually impossible for outsiders to decrypt.
• Multi-factor authentication: Customers are required to provide three different identification codes when logging in:
  • A 10-digit account number
  • A four-digit personal identification number
  • A PowerDirect password
• Secure PIN numbers: The bank does not accept PIN numbers that can be easily guessed, ensuring that customers’ accounts remain secure.

Server Security

To further prevent unauthorized access, the bank’s servers are equipped with:

• Powerful firewall: To block any suspicious activity
• Surveillance mechanism: To detect and respond to any potential security threats

“We take the security of our customers’ transactions very seriously,” said a spokesperson for Shinsei Bank. “By implementing these advanced measures, we aim to provide a safe and secure online banking experience for our customers.”

Customer Responsibilities

In addition to these measures, the bank also encourages customers to:

• Change PowerDirect password periodically: To maintain the highest level of security
• Report any suspicious activity or unauthorized transactions: To its customer support team

For more information on PowerDirect’s security measures and how to stay safe while conducting online banking transactions, customers can visit the bank’s website.