GMO Refuses $50M Crypto Ransom After 26,739-Server Cloud…
By Abdelaziz Fathi
AI summary of the source article
GMO Internet refused a cryptocurrency ransom demand of up to $50 million following a breach of its Onamae.com Desktop Cloud service. The incident potentially exposed 26,739 server environments and led to unauthorized transactions in customers' foreign-exchange accounts.
Key facts
- GMO Internet refused to pay a cryptocurrency ransom initially set at $50 million in Bitcoin and Ethereum.
- The breach affected Onamae.com Desktop Cloud, potentially exposing 26,739 server environments used for trading platforms like MetaTrader.
- GMO pledged to compensate customers for verified losses from unauthorized trading, offer a ¥5,000 goodwill payment per customer, and offer a $1 million bounty for information on the attackers.
Source excerpt · FinanceFeeds
Japan's GMO Internet has refused a $50 million cryptocurrency ransom after attackers breached its Onamae.com Desktop Cloud service, potentially exposing 26,739 server environments and contributing to unauthorized activity in customers' foreign-exchange trading accounts. The attackers initially demanded approximately $50 million, or roughly ¥8 billion, with payment reportedly requested in Bitcoin a…