ION Trading UK Prepares to Bring Clients Back Online After Cyber Attack February 7, 2023 By Mark Burton and Isis Almeida ION Trading UK, the technology firm hit by a cyberattack last week, told some clients that it has rebuilt relevant...
Update: ION Trading UK Indicates Cyber Attack Could Take 2-3 Days to Resolve February 2, 2023 By William Shaw and Mark Burton UK regulators have started an investigation following a cyberattack on London-based ION Trading UK that’s snarled global derivatives trading. The...
Norsk Hydro Cyber Attack Exposes Risks of Global Supply Chain Disruptions March 20, 2019 By Mark Burton and Jonas Cho Walsgard The ransomware attack crippling one of the world’s top aluminum makers is exposing how crucial sophisticated digital systems have become...
Update: Cyber Attack at Aluminium Producer Norsk Hydro Causes Production Outages March 19, 2019 By Elena Mazneva, Jonas Cho Walsgard and Mark Burton Norsk Hydro ASA, one of the world’s biggest aluminum producers, suffered production outages after a cyber attack affected operations across...
Metals Financing Fraud Lawsuits Reveal Risks of Relying on Paper Receipts January 28, 2019 By Mark Burton and Jonathan Browning When the man running one of London’s biggest metals brokerages found a new client who wanted to finance large volumes...
Thieves Steal $10 Million of Cobalt from Vollers Group’s Rotterdam Warehouse July 20, 2018 By Mark Burton It’s not just hedge funds that have noticed the cobalt boom — thieves have too. About 112 metric tons of...
Cyber Attacks Pose Greatest Threat to UK Businesses, Investors: PwC Survey February 26, 2018 By Mark Burton Investors and chief executives say cyber attacks pose the greatest threat to businesses operating in the U.K., outweighing other material...