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SBI Holdings to Compensate for Phishing Scam Losses

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SBI Holdings to Compensate for Phishing Scam Losses

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SBI Holdings ( (JP:8473) ) just unveiled an announcement.

SBI Holdings announced that its subsidiary, SBI SECURITIES Co., Ltd., will compensate customers for 50% of the losses incurred due to unauthorized access to their accounts from phishing scams. This decision will result in an estimated loss of JPY 8 billion, although the company expects the overall impact on its financial results to be minor.

The most recent analyst rating on (JP:8473) stock is a Sell with a Yen3500.00 price target. To see the full list of analyst forecasts on SBI Holdings stock, see the JP:8473 Stock Forecast page.

More about SBI Holdings

SBI Holdings, Inc. operates in the financial services industry, primarily focusing on securities, banking, and insurance services. The company is known for its comprehensive financial solutions and has a significant market presence in Japan.

Average Trading Volume: 2,740,818

Technical Sentiment Signal: Buy

Current Market Cap: Yen1826.7B

Find detailed analytics on 8473 stock on TipRanks’ Stock Analysis page.

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