On Tuesday #ClearedDerivatives Division of #ION Group was infiltrated by #LockBit ransomware
Usual procedure is that
trade ops are processed overnight before being fed to trading desks in the morning
#Malware is used by a Russian collective of #blackhat #hackers that claims to have obtained data that will be leaked.
A #uSTreasury official has stated that LockBit intrusion does not pose a systemic risk to financial sector and limits the damage to a few small and medium-sized firms.