Cybersecurity

Ransomware Gang in Trading Hack Says Ransom Was Paid

  • Ion Trading representative declines to comment on ransom claim
  • Hack of ION Trading upended derivatives trading around world
Source: cheyennezj/iStockphoto/Getty Images
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The hacking group behind the attack on ION Trading UK — the software firm that was struck by a cyberattack earlier this week, upending derivatives trading around the world — says a ransom has been paid.

The announcement came a day before the group, called LockBit, threatened to release stolen files from ION unless the extortion payment was made. An ION representative declined to comment.