Swissquote, a leading provider of online financial services in Switzerland, today confirmed via its social media that the company was hit by a massive DDoS (distributed denial of service) attack that briefly succumbed to the company’s systems.
Swissquote said in its statement: “Yesterday, and for part of today, Swissquote experienced a large-scale DDoS attack. The attack triggered our defense solutions, which impacted access to our platform and services.”
Swissquote added: “The system has been restored, but as the system returns to normal, there may still be some delays in some of our services. We sincerely apologize for the inconvenience caused by this outage and thank you for your support.”
Swissquote offers its clients a wide range of asset trading including stocks, ETFs, funds, bonds, derivatives, cryptocurrencies and more. Last month, the company connected with the Dubai Financial Market (DFM) ecosystem, offering direct access to the Dubai Financial Market for investment opportunities.