Five Japanese FX Brokers Confirm Hackers Placed Trades After Server Host Breach
By Damian Chmiel
AI summary of the source article
Five Japanese FX brokers confirmed unauthorized trades placed via MetaTrader logins taken from rented GMO Internet Group servers. GMO will repay realized losses and pay ¥5,000 to current customers.
Key facts
- Five Japan-licensed brokers, including OANDA Securities and FXTF, confirmed unauthorized trades executed via MetaTrader logins stolen from GMO Internet Group servers.
- GMO refused extortion demands, reported the incident to police, and pledged to compensate realized losses plus ¥5,000 per current customer.
- Up to 26,739 servers may have been exposed, and brokers are mandating passkeys or one-time passwords.
Source excerpt · Finance Magnates
OANDA Securities and FXTF said today (Monday) that hackers had placed trades on some client accounts. The intruders used MetaTrader logins taken from servers that traders rented from GMO Internet Group, and both brokers restricted trading on the accounts involved. That brings to five the Japan-licensed brokers reporting unauthorized trades since the breach surfaced, after AvaTrade Japan, Gaitame F…