smartTrade Suffers Address Flooding, Procedures Prevent Data Breach

[kreslik.news]

Finance Magnates can confirm that the LD4-located infrastructure of smartTrade was subjected to an attack. A document details the intrusion at 17:34 on the 9th of May when incoming and outgoing connections led to a disruption of services to some trading venues. The episode lasted a little over six hours.

Commenting to Finance Magnates, the CEO of smartTrade Technologies,  David Vincent, said: “We can confirm that address flooding took place at 17:34 pm on May 9th which intermittently impacted our clients.”

“Our monitoring system immediately raised an alert and our protective firewalls behaved as expected, preventing any intrusion or data breach and ... (read more)