SBI Sumishin Net Bank (SSNB)’s risk management policy stipulates that SSNB performs risk management to pursue profits or avoid losses.
Under this risk management policy, the Risk Management Department, as a supervising body, works to accurately understand the status of risks through a series of activities to identify, evaluate, operate, monitor, control, and reduce risks. In addition, SSNB implements risk management by taking the necessary measures based on the risk management plan established each fiscal year. The Risk Management Department’s Managing Officer reports on the status of risk management to the Board of Directors on a quarterly basis, and the Board of Directors receives the reports and, if necessary, commissions studies and other actions.
SSNB also performs enterprise risk management based on the scales and characteristics of each risk. Risk management is identified as the most critical management issue to ensure the soundness and appropriateness of business operations as a financial institution. Therefore, SSNB commits to developing and establishing the risk management system that functions in a PDCA (Plan, Do, Check, Action) cycle, based on the risk management policy stipulated by the Board of Directors.

SSNB has established a basic policy for the development and establishment of a risk management system at the Board of Directors’ meeting, and in order to ensure that this system functions effectively, the following organizations have been established under the Board of Directors.

We do not sacrifice convenience and we protect our customers. We implement thorough user experience-based security measures　with a “customer-centric approach.” We use a strong authentication system that complies with the FIDO international standard and　biometric authentication to confirm the identity of users. We also have a multi-layered defense system in place to prevent unauthorized access and malware attacks, ensuring robust　network security.