GMO Internet Group falls 15% on the Tokyo Stock Exchange after a cyberattack on its forex servers
Japanese technology conglomerate GMO Internet Group plunged 15.65% on the Tokyo Stock Exchange after suffering a Saturday attack on more than 26,000 forex trading servers, in which passwords for investment accounts were stolen and fraudulent trades were made. The company will compensate users of the service with 5,000 yen and said it will not pay the ransom of nearly 45 million euros in cryptocurrencies demanded by the cybercriminals. Its CEO, Masatoshi Kumagai, said that "the internet itself is on the verge of collapse."
In 40 seconds
- GMO Internet Group shares closed down 15.65%, while the affected subsidiary, GMO Internet, fell 14.87%.
- The attack hit more than 26,000 forex trading servers and allowed passwords for investment accounts to be stolen.
- GMO will compensate users of the service with 5,000 yen and will not pay the ransom of nearly 45 million euros in cryptocurrencies.
IASummary generated by artificial intelligence from a story by Cinco Días. It may contain errors: the original source prevails.




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