Quartz·1 min read·medium
Hackers demand $50 million from Japan's GMO Internet after forex trading breach
✦AI Summary
Hackers have demanded a $50 million ransom from Japan's GMO Internet following a forex trading security breach. The company is refusing to pay despite the attackers leaking customer data and threatening further disclosures.
Why it matters
This incident highlights the growing threat of ransomware attacks on financial institutions and the ongoing debate regarding whether companies should pay ransoms to protect user data.
GMO Internet is refusing to pay as the attackers…
Also covering this story
One other newsroom covered this event. We read that version too.
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