Swiss Online Trading Broker Swissquote Targeted in a Massive DDoS Attack

Swissquote, a leading Swiss provider of online financial services, today confirms via its social media that the company was targeted in a massive DDoS attack (distributed denial-of-service attack), which managed to briefly take the system down.

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"Yesterday, and partly today Swissquote experienced a massive DDoS attack. This affected the accessibility of our platforms and services due to the attack and the defence solution triggered by our IT systems and our Internet providers,"Swissquote said in a statement.

"The systems are up again but we may still have some delays for certain services as the system is going back to normal,"the broker added."We profoundly regret this disruption and sincerely apologize for any inconvenience. We thank you for your loyalty and support."

Swissquote grants its clients access to trade an extensive range of asset classes that includes stocks, ETFs, funds, bonds, derivatives, cryptocurrencies and more. Last month, the company connected to Dubai Financial Market (DFM)'s ecosystem, providing direct access to the growing investment opportunities that the Dubai Financial Market offers.