Security· ★★★· bearish·

Hackers breach GMO Internet cloud service, access client trading accounts

  • —Up to 26,739 servers on Onamae.com Desktop Cloud were potentially affected
  • —Attackers may have obtained MetaTrader 4 and 5 account credentials
  • —One client in Kanagawa reported losses above 6 million yen ($38,175)
  • —GMO will compensate verified losses and pay 5,000 yen to every active user
Why it matters: The breach highlights the risk of storing trading credentials on cloud services and may accelerate Japan's use of active cyber defense.
Source: Incrypted