This surpases the full-year record of 1.41 billion yen in 2013, according to Japans National Police Agency.

Japanese peoples wealth is draining into China.

They think its just a part-time job.

Chinese hackers target Japanese banks; cybercriminals steal $16 million in six months

Cyber scams

The easiest method of luring Japanese account holders to be through phishing attacks and malwares.

There the products are sold, with the proceeds going to the ringleaders.

Japans banks can do little more than alert the customers and compensate the victims.

Chinese Hackers Target Japanese Bank Accounts more than $16 million stolen in 6 months

Japans huge assets ensure big profits.

The money they steal in Japan will end up giving them multiple returns in China, he says.

She thought she was performing a legitimate part-time job, he says.

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The site also alerts users to computer viruses and offers protective software.

Resource :Bloomberg Businessweek

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source: www.techworm.net