Hacking News
GMO Internet Cloud Breach Leads to Unauthorized Trades
GMO Internet, a Japanese internet service provider, experienced a security breach in its Desktop Cloud service, which allows MetaTrader 4 and MetaTrader 5 bots to run continuously. An attacker used stolen broker login credentials to drain one account of approximately 2.4 million yen in about 84 seconds. The breach also exposed customer information and threatened to leak the stolen data and launch more ransomware unless GMO paid up. The service was taken offline, and GMO refused to pay, leading to a flat payout of 5,000 yen per customer and a six-month free access to an alternative desktop platform.