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Prime Minister Sanae Takaichi and senior ministers are holding a cabinet-level meeting to address cybersecurity threats after a breach of GMO Internet Group's cloud VPS service enabled unauthorized trades across more than 70 foreign-exchange and securities firms. GMO shares fell 11% following the company's announcement of compensation for verified trading losses, and the breach may have exposed up to 26,739 servers.
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Key sources
- SUPPORT@andrewcurran_“executed balance-destroying trades across over 70 brokerages”x.com
- SUPPORT@andrewcurran_“We will not comply with requests from attackers.”x.com
- SOURCE@choblin29“GMO shares fell 11% in early Monday trading as the company faced compensation costs from the breach.”x.com
- SUPPORT@financialjuice“cyberattacks present serious risk to safety, urgent countermeasures required”x.com
- SUPPORT@choblin29“'ARTEX,' an autonomous AI penetration-testing tool originally meant for defense, was being abused.”x.com
- SUPPORT@_nathancalvin“The underlying issue is the explosive evolution and misuse of AI technology.”x.com
- SUPPORT@choblin29“Kumagai admits GMO's own white-hat hackers had flagged security issues on the breached service BEFORE the attack.”x.com
- SUPPORT@8teapi“real money lives in a database where you can reverse what happened.”x.com