GMO Internet warns of potential web services availability issues, stops supporting older TLS protocols

Maria Nikolova

GMO Internet will stop supporting TLS 1.0 and TLS 1.1, as it seeks to enhance security of its web services.

GMO Internet Inc. (TYO:9449) has informed its clients that as a result of its efforts to boost security, customers may experience troubles using some of its web services. The main change that the company will implement is the suspension of older versions of Transport Layer Security (TLS) protocols.

Starting this month, GMO Internet will stop supporting TLS 1.0 and TLS 1.1 to boost the security of our customers’ Internet communication. As a result, customers may not be able to use part of the company’s web services on old PCs, browsers, and smartphones that are not compatible with TLS 1.2.

The purpose is to have the details of the Internet communication encrypted so that a third party cannot get access to them and that data fraud is prevented. The security strength of TLS 1.2 is higher than that of TLS 1.0 and TLS 1.1, the company notes.

The list of operating environments that are expected to be affected includes:

  • PC: browser;
  • Internet Explorer 10 or earlier;
  • Google Chrome 29 or earlier;
  • Firefox 26 or earlier;

Smartphone and tablet computer

  • Android 4.0.4 or earlier;
  • iOS Safari 4 or earlier;
  • 3G mobile phone and PHS.

The broker notes that some customers may be able to use GMO’s web services on older smartphones and tablet computers if they are updated. But the TLS 1.2 has to be activated through the browser’s security settings.

The changes are introduced several months after GMO Internet unveiled its plans to bolster cyber defenses by establishing a “Group Information Security Audit Office”. Through these steps, GMO Internet aims to protect important customer information from increasingly sophisticated cyber-attacks. The company also seeks to improve information security literacy and to foster security personnel.

A week before that, GMO Coin, the virtual currency business of GMO Internet, submitted its business improvement plan in accordance with the orders issued by the Kanto Local Finance Bureau.

The plan outlined measures such as the establishment of an effective management system, as well as the creation of a contingency plan to be implemented in case of a system failure. The plan also enlisted improvements to the information security and cyber security systems of GMO Coin, as well as enhancements to the quality management and configuration management systems.

Read this next

Retail FX

Belgium regulator blacklists FXP360, Appex Finance, and Wise-Markets

Belgium’s financial watchdog, the Financial Services and Markets Authority ‎‎(FSMA), has issued a warning against the unauthorized activities of multiple ‎ platforms that are offering investments in the country without ‎complying with Belgian financial legislation.‎

Digital Assets

MicroStrategy piles on Bitcoin, acquiring 0.90% of circulating supply

MicroStrategy, the world’s largest Bitcoin corporate holder, has further increased its holdings of the primary cryptocurrency. According to a recent filing, the company acquired an additional 16,130 bitcoins between November 1 and November 29, spending $593.3 million at an average price of $36,785 per bitcoin.

Digital Assets

Paxos gets nod to issue dollar-backed stablecoins in UAE

Stablecoin issuer Paxos has received preliminary approval from Abu Dhabi’s Financial Services Regulatory Authority to issue U.S. dollar-backed virtual currencies and provide crypto-brokerage and custody services.

Digital Assets

Flare Labs Begins Testing FAssets on Coston Testnet Paving Way for Non-Smart Contracts to Flare

Flare Labs has introduced FAssets on the Coston testnet, enabling the integration of non-smart contract tokens like BTC, XRP, and DOGE into the DeFi ecosystem.

Digital Assets

Philippine bars access to Binance, citing unregistered operations

The Philippines’ Securities and Exchange Commission (SEC) is moving to block access to Binance due to regulatory concerns, citing the platform’s operation without proper registration and authorization in the country.

Digital Assets

FTX cleared to sell investments in Grayscale and Bitwise funds

Bankrupt cryptocurrency exchange FTX has received approval from the bankruptcy court to start selling its stakes in digital trusts managed by Grayscale Investments.

Digital Assets

Nexo launches Dual Investment for yield earning and price prediction

“Dual Investment revolutionizes how users engage with BTC and ETH, offering a flexible, intuitive, yet sophisticated platform for predicting asset price movements, all while securing high yields.”

Technology

Aquis Stock Exchange goes live with cloud-based matching engine powered by AWS

“By running on AWS, the Aquis Stock Exchange is driving transformation across the capital markets industry while continuing to enhance the scalability, functionality and innovation that will benefit its members and stakeholders in an environment where security and resiliency are our highest priority.”

Technology

Options Technology certified as Microsoft Azure partner for Digital & App Innovation

“Securing our fifth Microsoft Solutions Partner status in less than 12 months is a testament to our commitment to innovation, excellence, and the highest industry standards. We are not only keeping pace with the evolving landscape of cloud technology but leading the way in shaping its future.”

<