- Japan deepened cooperation with partners on economic security and technology.
- Japan strengthened defense industry and technology cooperation with partners.
GMO Internet Group requests government cyber defense powers after service breach
What happened
GMO Internet Group asked the Japanese government to use its new active cyber defence powers against hackers who breached its Onamae.com Desktop Cloud service. The breach, which affected up to 26,739 servers, involved intruders planting malicious software that may have exposed trading logins. Attackers subsequently demanded payment, threatening to leak customer data and launch ransomware attacks against over 70 securities and FX firms in Japan and abroad.
From thenextweb.com
Why it matters
The service involved is used by traders running automated foreign-exchange tools. The threat of unauthorized orders and data leaks could impact the trading operations and financial stability of multiple securities and FX firms in Japan and internationally.
Japan has been strengthening defense industry and technology cooperation with partners, deepening cooperation on economic security.
From thenextweb.com
Who's involved
- GMO Internet GroupJapanese internet conglomerate that requested government cyber defense powers
- GMO CloudIntegrated subsidiary through which GMO Internet Group operates
- GMO Payment GatewayIntegral arm of GMO Internet Group
Who could feel it
Possible knock-on effectsThese are possibilities Brind reasoned out, not predictions, and not advice. Most are not stated in any report.
- GMO Internet GroupSpeculative
The company might face increased costs related to legal action and cybersecurity remediation.
- GMO Payment GatewaySpeculative
GMO Payment Gateway might face increased operational risks related to the security of customer financial transactions.
Keep exploring
Part of
Japan strengthened defense industry and technology cooperation with partners.Also in this story
- The Indian Army is exploring modern defense solutions through a business meet showcasing defense technology with partners like Japan.
- Japan tested its expeditionary manufacturing capabilities in the Indo-Pacific.
- Japan's high-tech industry is being used to aid the Russian war effort, with components being laundered through third countries and the GRU using Japan as an espionage base.
Within Japan deepened cooperation with partners on economic security and technology.
The entities involved
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GMO Internet Group
Japanese internet conglomerate
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