GMO Apologizes for Data Leak, Execs to Take Pay Cuts
8 Articles
8 Articles
Tokyo: Japanese online services company GMO Internet Group apologized Monday for a security breach caused by a recent cyberattack and promised to prevent recurrence and compensate victims. President and CEO Masatoshi Kumagai and other GMO executives followed the custom of bowing deeply multiple times at a press conference in Tokyo. GMO confirmed that unauthorized access to its cloud service, Onamae.com Desktop Cloud, resulted in data breaches an…
Following the discovery of the problem, GMO held its first press conference. On the 2nd, GMO President Masatoshi Kumagai apologized for the series of problems. He also revealed that there were security issues that led to the unauthorized access. GMO's press conference began with an apology. President Masatoshi Kumagai, holding back tears, spoke of his beliefs. Masatoshi Kumagai, President of GMO Internet Group: "I sincerely hope that the interne…
On November 2, 2026, GMO Internet Group held a press conference to apologize for the data leak caused by unauthorized access to "Onamae.com Desktop Cloud," operated by its subsidiary GMO Internet. During the conference, CEO Masatoshi Kumagai, with tears in his eyes, spoke of his feelings towards the GMO Group and the internet. "As a business, we have never once used the words 'profit' or 'make money'," Kumagai said at the beginning of the press …
GMO Founder Says Own Security Unit Flagged Flaws Before FX Server Hack
GMO Internet Group's own security unit flagged flaws in 2024 in the trading server service that hackers later breached, founder Masatoshi Kumagai said today (Monday). The group also cut the pay of four executives, with Kumagai giving up 30% of monthly compensation for three months.The service, Onamae.com Desktop Cloud, rented out Windows servers that run MetaTrader around the clock. Up to 26,739 servers may have been exposed, and brokers confirm…
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