Ed Targett reports:
Financial technology company EquiLend – the owner of a NGT [Next Generation Trading], a platform that executes $2.4 trillion of securities transactions each month – has confirmed “unauthorized access to our systems” on January 22.
The incident has disrupted some of its services, it confirmed.
“We took immediate steps to secure our systems and are working methodically to restore the involved services as quickly as possible,” an EquiLend spokesperson told reporters on January 24.
Read more at The Stack.
Equilend posted the following statement on its site on January 24:
On January 22, 2024, EquiLend identified a technical issue that placed portions of our systems offline. We immediately launched an investigation and have identified a cyber security incident involving unauthorized access to our systems. We took immediate steps to secure our systems and are working methodically to restore the involved services as quickly as possible.
We are working with external cybersecurity firms and other professional advisers to assist with our investigation and restoration of service. Clients have been advised that this may take several days.
We will provide additional updates here as appropriate.
Their “technical issue” or “unauthorized access” is reportedly LockBit, but LockBit has not posted any proof on its leak site or even created any entry as of publication.