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Shares of GMO Internet, a Japanese IT service provider, fell as much as 11% due to heightened concerns about the impact of cyber attacks. The company said last week that its forex trading services had been accessed without authorization and that customer information had been stolen. GMO has requested the government to deploy active cyber defense measures to deal with the impact of the hacker attack. The company issued a statement on October 24 saying the suspected attackers had already demanded a ransom. GMO will pay 5,000 yen to all customers currently using the service, regardless of whether the customer has suffered financial losses.
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Shares of GMO Internet, a Japanese IT service provider, fell as much as 11% due to heightened concerns about the impact of cyber attacks. The company said last week that its forex trading services had been accessed without authorization and that customer information had been stolen. GMO has requested the government to deploy active cyber defense measures to deal with the impact of the hacker attack. The company issued a statement on October 24 saying the suspected attackers had already demanded a ransom. GMO will pay 5,000 yen to all customers currently using the service, regardless of whether the customer has suffered financial losses.
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