Japan: money lost through online banking fraud by type of institution 2021

The amount of money lost through damages caused by online banking fraud at city banks and other banks that were not classified as regional banks, Shinkin banks, credit cooperatives, agricultural cooperatives, or Labour Banks in Japan amounted to 722 million Japanese yen in 2021. A surge in online banking frauds was detected in 2019, with many cases being related to SMS messages and e-mails impersonating financial institutions. The total amount of money lost through damages caused by online banking fraud in Japan in 2021 amounted to 820 million yen.

Amount of money lost through damages caused by online banking fraud in Japan from 2016 to 2021, by type of financial institution (in million Japanese yen)

Characteristic	City banks / Others	Regional banks	Shinkin banks / Credit cooperatives	Agricultural cooperatives / Labour Banks
-	-	-	-	-
-	-	-	-	-
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-	-	-	-	-
-	-	-	-	-
-	-	-	-	-

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Release date

April 2022

More information

Region

Japan

Survey time period

2016 to 2021

Supplementary notes

100 Japanese yen equal 0.74 U.S. dollars or 0.70 euros as of December 2022.
Values may not add up to the total amount of money lost through damages caused by online banking fraud each year due to rounding by the source.

Data prior to fiscal year 2017 come from previous reporting.

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