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ION Group ransomware attack affects trading across the world

February 3, 2023

Via: TechRadar

A recent ransomware(opens in new tab) attack against ION Group has sent ripples throughout the finance industry and trading world, being so disruptive that the FIA global trading organization released a statement saying it jumped in to help affected members.

ION Group is a UK-based software company that develops solutions for banks and other financial institutions, with its products used for trading, investing, financial management, and analysis.

In late January 2022, it released a short statement saying one of its departments, ION Cleared Derivatives, was hit with a cyberattack.

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