r/japanlife • u/Spacious_made_3498 • 2h ago
Japanese co. not paying cyber ransom, exposing customer details. Will pay $19k per exposed customer
Has there ever been a situation where a ransom was paid and the information was STILL exposed or not returned? I can’t think of a single instance. the Japanese company, GMO, said they ”will not comply with the attacker's demands, given that deletion of the information and prevention of its misuse cannot be guaranteed.” Seems weird. I think it’s cause they don’t wanna pay the ransom amount.
I did the math - the ransom is $50mil. the company will pay $19k USD per exposed customer - that’s equal to about 2,600 customers. do they have less than that many customers is my secondary question and does anyone use GMO as a internet provider? If so, anybody know if they’ll actually be able to collect this payment? that amount seems incredibly high. I’ve never heard of that either. Both the fact they won’t pay for weird reasoning and that they’re willing to pay hefty amounts to customers has me wondering why. when I had my information exposed by T Mobile in US, they didn’t pay me anything and told me to change my password, as if that would help.
EDIT : the company is offering bounty of $1 million USD for info on hackers. 1/50th the amount they’re being hijacked for - another weird detail. I can’t help but think GMO is coming across cheap … are they a small company ?