Mmastodon TechnologyCybersecurity first seen 2 d ago, last 2 d ago, peak #8
GMO refuses extortion payout after FX trading service attack
Original: GMO refused to pay the extortionists who hit its FX trading VPS service, and its advice to customers was good. Around it
Japan's GMO refused to pay extortionists who attacked its FX trading VPS service, and advised affected customers to take protective steps themselves. The company also ran a public campaign around the incident, calling for active cyber defense measures and offering a $1 million bounty, with tip counts updated every weekday and public involvement from its CEO.
Why now: The refusal to pay extortionists combined with an unusually public, bounty-backed response is rare for a financial firm handling customer-facing trading infrastructure.
Evidence
- GMO refused to pay the extortionists who hit its FX trading VPS service, and its advice to customers was good. Around it, though, it ran a public campaign: a request for the "first activation" of active cyber defense, a $1M bounty with tip counts every weekday, the CEO's own… · japancyberwatch@infosec.exchange · 1
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