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TechnologyBusiness155 words1 min read

GMO to Hold Press Conference After FX Account Hacking

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Listen to the story

GMO is a company in Japan. It will have a press conference on November 2.

The company president will go to the press conference. He will talk to reporters.

There was a problem with FX accounts. FX means buying and selling money from other countries.

Someone made unauthorized trades in these accounts. This means they traded money without permission.

The bad access came from a VPS. VPS means a computer server outside the company.

Hackers used this outside server to get in. Now people want to know how this happened.

People also want to know how investors can stay safe. Investors are people who put money into FX accounts.

There is also news about a TV company called TBS. TBS posted something on social media about the hacker.

TBS forgot to hide the hacker's face. This is called a mosaic mistake.

People online got angry about this mistake. This is called online backlash.

Vocabulary15 words

press conference
a meeting where someone talks to news reporters
FX
buying and selling foreign money
unauthorized
done without permission
VPS
a computer that works like a private server outside a company
mosaic
a blur used to hide a face in a picture
online backlash
many angry comments on the internet
hacker
someone who breaks into computers
investor
a person who puts money into something to make more money
social media
websites like Twitter where people share posts
company
a business that sells things or services
president
the top leader of a company
access
the way to enter or use something
account
a place where you keep your money online
problem
something that is wrong
mistake
something done wrong

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Quiz

1. When will GMO hold its press conference?
2. What does VPS mean in this story?
3. What mistake did TBS make on social media?

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Fill-in-the-blank listening

Play the audio again and fill in the missing words as you listen.

GMO is a company in Japan. It will have a _____ on November 2.

The company _____ will go to the press conference.

There was a problem with _____ accounts.

Someone made _____ trades in these accounts.

The bad access came from a _____.

Hackers used this outside server to get in.

People also want to know how _____ can stay safe.

TBS posted something on social media about the _____.

TBS forgot to hide the hacker's face. This is called a _____ mistake.

People online got angry about this mistake. This is called online _____.

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