‘Global markets’ impacted by ransomware attack on financial software company

A ransomware attack on Dublin-based software company ION Group has impacted the trading of financial derivatives on international markets.

ION Group describes itself as enabling “financial institutions, central banks and corporations to digitize and automate their most business critical processes.”

A pop-up notice on its site on Wednesday warned that “a cybersecurity event” that struck on Tuesday has affected its cleared derivatives unit.

The ransomware attack was caused by the prolific Russia-based LockBit gang, according to ION correspondence cited by …

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