EquiLend systems go offline amid cyber attack
24 January 2024 US
Image: Chor_muang/stock.adobe.com
Financial technology firm EquiLend has taken steps to secure its systems amid a “cyber security incident” that resulted in parts of the firm going offline.
The technical issue was identified on 22 January which placed portions of its systems offline, these are believed to include NGT and DataLend.
The global financial technology company launched an investigation following the incident which identified an “unauthorised access” to its systems.
An EquiLend spokesperson says: “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.”
In recent news, EquiLend announced it will be acquired by Welsh, Carson, Anderson & Stowe (WCAS), which will own a majority stake in the company.
The technical issue was identified on 22 January which placed portions of its systems offline, these are believed to include NGT and DataLend.
The global financial technology company launched an investigation following the incident which identified an “unauthorised access” to its systems.
An EquiLend spokesperson says: “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.”
In recent news, EquiLend announced it will be acquired by Welsh, Carson, Anderson & Stowe (WCAS), which will own a majority stake in the company.
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