Ion cyber outage continues as banks rely on workarounds

ABN Amro, Macquarie, RBC among firms hit; ransom deadline tomorrow, but service may be down for days

Credit: Photo: Timon Schneider/Alamy Stock Photo

A cyber attack that forced Ion Trading to shut down a key futures trading service on January 31 could take several days to resolve, leaving dozens of dealers relying on workarounds to execute and process client trades.

It has been confirmed that ABN Amro, Macquarie and RBC are among those affected.

In a statement, Macquarie says the bank “maintains core operational capability, manually processing trades … [and has] completed processing for each day of the outage. Macquarie’s market access and

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@waterstechnology.com or view our subscription options here: http://subscriptions.waterstechnology.com/subscribe

You are currently unable to copy this content. Please contact info@waterstechnology.com to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Waterstechnology? View our subscription options

Register for free

Access two articles, our IMD and Waters Wraps, plus a member newsletter. Find out more.

All fields are mandatory unless otherwise highlighted.

Most read articles loading...

You need to sign in to use this feature. If you don’t have a WatersTechnology account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here