HOME > BUSINESS > Article

Text Size

small

medium

large


3 Online Brokerages to Cover Half of Damage from Account Hacking

3 Online Brokerages to Cover Half of Damage from Account Hacking

   Tokyo, July 26 (Jiji Press)--Three major online brokerage firms have announced that they will compensate customers for half of damage caused by account hacking.
   SBI Securities Co. and Rakuten Securities Inc. separately said Friday that they will cover 50 pct of realized or unrealized losses on stocks purchased in hacked accounts and fully refund commission fees for such transactions. Meanwhile, they will not compensate for cases in which stocks held in hacked accounts since before the hack were sold, since the proceeds remain in the accounts.

To read a full story, please click here to find out how to subscribe.

HEADLINES

POLITICS
Former US Vice President Kamala Harris Rules Out Running for California Governor
ECONOMY
US Fed Policymakers Hold Interest Rates Steady at 5th Consecutive Meeting
SPORTS
Yu Darvish Achieves 204 Wins in Japan and MLB, Record for Japanese Pitchers
OTHER
Brown University Reaches Deal with Trump Administration to Restore Federal Funds

AFP-JIJI PRESS NEWS JOURNAL


Photos