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ION Cleared Derivatives Reels from Ransomware Attack

February 6, 2023 by Eugene Grygo

ION Cleared Derivatives Reels from Ransomware Attack

ION Cleared Derivatives suffered “a cybersecurity event” on Jan. 31, 2023, that set off an ongoing crisis for the global processing of cleared derivative instruments. The cyber-and-ransomware attack has gotten the attention of the CFTC, and the Futures Industry Association (FIA) and is likely to take days to resolve, according to media reports and officials…. Read More >>

Filed Under: Derivatives Operations, Collateral & Margin Management, Derivatives Processing, Securities Operations, Clearing, Industry News, Middle-Office, Ops Automation, Risk Management, Back-Office, Standards, Regulation & Compliance, Regulatory Compliance Tagged With: automation, back office, CFTC, cleared derivatives, cyber-attack, exchnage traded derivatives, ION Cleared Derivatives, ransomware attack, regulation, regulatory reporting, Standards

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