GMO’s chief executive and three other executives will take pay cuts after the Japanese online financial services provider was hit by cyberattacks. CEO Masatoshi Kumagai acknowledged failings in the company’s response at its first public briefing since the data breach scandal; the company had left a system vulnerable for more than two years, according to the CEO.
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How this brief is built: The BriefBrief correlates multiple sources into one evolving event brief, updated as new facts emerge.
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