Japan's GMO Offers $1 Million Bounty to Catch Hackers Behind FX Trading Cloud Breach

Summary: GMO Internet Group is offering up to $1 million total for tips leading to an arrest or international wanted notice for attackers who breached its Onamae.com Desktop Cloud service, after refusing an extortion demand of about $50 million received on October 21. GMO Internet found on October 20 that a third party had installed malicious programs on some customers' servers, shut the servers down from October 21, and counts 26,739 servers as potentially affected, a figure it says is not the number of confirmed break-ins or data thefts.
What you should know: OANDA Japan confirmed a third party logged in to and traded on some of its customers' accounts using ID and password pairs it believes leaked from the GMO servers, and the attackers threatened to keep manipulating accounts at more than 70 securities and FX firms. GMO's chairman wrote that the group's own white-hat hackers had warned the service team in advance, and the response was neither fast nor thorough enough.

Read the original at The Hacker News ↗