Security· ★★★★· bearish·

GMO Internet warns users to unplug computers as hackers threaten ransomware attack

  • —Hackers demanded about ¥8 billion ($51 million); GMO refused to pay
  • —Breach may have affected 26,739 servers and accounts at over 70 brokers and FX firms
  • —Five FX margin-trading services suspended trades; some users lost nearly ¥2 million
  • —GMO pledged to compensate victims and pay every user ¥5,000
Why it matters: The attack on a major Japanese provider highlights custody and brokerage infrastructure risks for crypto and trading clients.
Source: CoinCentral
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