Key facts
- GMO Internet will compensate customers 5,000 yen ($32) for losses from a cyberattack on its forex trading service.
- Park24 will pay customers 3,000 yen following a personal data breach.
- Japan is establishing a team to simulate cyberattacks using AI to find system weaknesses.
- GMO Internet shares fell 11% after the cyberattack disclosure.
Japanese companies are implementing compensation measures for users affected by a series of cyberattacks that have disrupted services and raised concerns about economic stability. The attacks, exacerbated by flaws in the PHP programming language, have led to millions of hacking attempts globally. GMO Internet is offering 5,000 yen ($32) to customers impacted by unauthorized access on its foreign exchange trading service, while Park24 will provide 3,000 yen payments following a separate personal data breach.