Japanese Companies Offer Compensation Following Widespread Cyberattacks Disrupting Internet Services

Japanese companies are beginning to compensate users affected by recent waves of cyberattacks that have disrupted internet services and raised concerns about economic stability. GMO Internet announced it would compensate customers for losses from unauthorized access to its foreign exchange trading service and provide a 'gesture of good faith' payment of 5,000 yen ($32) to all customers. These attacks, which have also impacted government and company websites in Europe and elsewhere, are reportedly being aided by AI, making cybercrime faster and harder to detect.