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breach watch Tech-Economic Times October 26, 2026

Japanese companies compensate users as cyberattacks buffet economy

Japanese companies compensate users as cyberattacks buffet economy
AI Summary

GMO Internet Group said customers would be compensated for losses stemming from unauthorised access following a cyberattack on its foreign exchange trading service, and all customers would receive 5,000 yen ($32) as "an initial gesture of good faith," CEO Masatoshi Kumagai said in a blog post on Sunday.

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