OANDA Japan Holds Withdrawals After Hack at Server Host Used by FX Traders
By Damian Chmiel
AI summary of the source article
OANDA's Japanese brokerage temporarily held client withdrawals for security checks after unauthorized programs were detected on GMO Internet Group's servers, potentially exposing clients' MetaTrader logins. Up to 26,739 rented servers used by retail FX traders may be affected.
Why it matters
OANDA described the hold "as a precaution against unauthorized withdrawals and said client assets remain segregated as Japanese law requires."
Key facts
- GMO Internet detected unauthorized programs planted in its Onamae.com Desktop Cloud service, impacting up to 26,739 servers.
- OANDA held client withdrawal requests for security checks after warning that hackers may have accessed MetaTrader logins stored on the servers.
- Payouts requested by 11 a.m. Thursday were scheduled to be processed starting Friday at 11 a.m.
Source excerpt · Finance Magnates
OANDA's Japanese brokerage held back client withdrawals requested today (Thursday) for security checks, after warning that hackers may have seen some clients' MetaTrader logins. The logins were stored on Onamae.com Desktop Cloud, a rented server service run by Japan's GMO Internet Group. GMO Internet said yesterday (Wednesday) that a third party had planted unauthorized programs in customers' serv…