GMO Internet said on its blog that the content of the leaked information is still being verified and the full extent of the incident remains unclear. The company has advised customers to reset their passwords after receiving reports of “unauthorized operations” on trading accounts.
The incident began on October 21, when GMO shut down the Onamae Desktop Cloud service after discovering unauthorized access, and received a ransom demand of about 8 billion yen (~$50 million). The company reported the breach to Japanese police the following day. On October 24, GMO said it would offer compensation and alternative services while seeking government help. Over the following days, it began collecting customer devices to detect malware and assess damage.
The company said 27,000 servers may be affected by the breach. GMO did not immediately respond to a request for comment.
Separately, about a week before the breach, GMO’s cybersecurity unit reported evidence that a Chinese AI-enabled penetration testing tool called Artex had been used in attacks targeting companies across Japan. Artex was also used to hack South Korean financial institutions in September, according to a CrowdStrike report. GMO said it has not publicly established a connection between Artex and the Onamae breach.
Japan’s Financial Service Agency issued guidance in May urging financial institutions to strengthen basic defenses, including vulnerability management and incident preparedness, amid rising cybersecurity risks.