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Japanese Firms Take Action Against Cyberattacks with User Compensation and Government Support

Japanese Firms Take Action Against Cyberattacks with User Compensation and Government Support

Japanese companies compensate users as cyberattacks buffet economy
Japanese companies compensate users as cyberattacks buffet economy

GMO Internet Group said customers would be compensated for losses stemming from unauthorised access following a cyberattack on its foreign exchange trading service, and all customers would receive...

Japanese companies compensate users as cyberattacks buffet economy
Japanese companies compensate users as cyberattacks buffet economy

Japanese companies are moving to pay compensation to users following waves of cyberattacks that have disrupted internet services and raised concerns about economic ‌stability.

Japan companies compensate users as cyberattacks buffet economy
Japan companies compensate users as cyberattacks buffet economy

Japanese companies are being roiled by attacks with experts saying AI is helping automate tasks ​from scanning for software vulnerabilities to crafting phishing campaigns, making cybercrime...

GMO Internet says it will not pay hackers $50 million after server breach
GMO Internet says it will not pay hackers $50 million after server breach

GMO Internet refused a $50 million demand from hackers who breached Onamae.com Desktop Cloud, where up to 26,739 servers may be affected.

Japan net provider GMO seeks 'active cyber defense' from government
Japan net provider GMO seeks 'active cyber defense' from government

TOKYO -- Japanese internet infrastructure provider GMO Internet Group said Saturday that it had made an emergency request to the government to adopt "active cyber defense" and proactively counter...

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