Flemish in Paris on their beloved and beleaguered city: "I am sure this city will survive this too"
Japanese internet company GMO Internet will compensate customers for losses from unauthorized access after an attack on its currency trading platform, also giving each client 5,000 yen as a goodwill gesture. The company's stock fell 11 percent Monday in Tokyo following the breach. GMO received a ransom demand threatening to release corporate and customer data, but refused to pay and is cooperating with police. It also requested Japanese government cyber defense measures. The company is not alone, as Park24 also announced customer compensation after a data leak. Japanese firms are heavily impacted by cyberattacks, with experts noting AI helps automate tasks from finding software vulnerabilities to launching phishing campaigns. Last week, government and corporate websites went offline after critical PHP programming language flaws led to millions of hacking attempts. Japan announced Friday it will create an AI team to simulate cyberattacks and expose system weaknesses.