JELLY BEANS GROUP Co.,Ltd. [3070.T]
TOKYO, Jun 19 (Pulse News Wire) – Jelly Beans Group CO.,LTD. (3070.T) reported a fraudulent fund transfer incident involving an amount of ¥45 million.
Following the initial disclosure on June 11, the company continued consultations with the Mizumachi Police Station until June 12 and submitted a formal complaint on June 19 after receiving confirmation from the police. The incident was caused by unauthorized instructions through phishing emails. The company identified several internal control weaknesses, including inadequate payment procedures, insufficient approval processes, lack of awareness regarding cybersecurity measures, and vulnerabilities in business communication tools.
To prevent future occurrences, the firm has implemented enhanced internal controls, improved security protocols, and increased employee training on cyber hygiene and financial procedures. Despite the incident, the company maintains sufficient liquidity and does not anticipate significant impacts on its operations or financial performance. Any changes to the loss amount due to ongoing investigations and recovery efforts will be disclosed promptly.
The company apologizes for any inconvenience caused to shareholders and investors.
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