Ransomware Gang in ION Trading Hack Says Ransom Was Paid (1)

The hacking group behind the attack on ION Trading UK — the software firm that was struck by a cyberattack earlier this week, upending derivatives trading around the world — says a ransom has been paid.

The announcement came a day before the group, called LockBit, threatened to release stolen files from ION unless the extortion payment was made. An ION representative declined to comment.

A representative for the group told Bloomberg News that the ransom was paid and that the gang provided a decryption key to unlock the compromised computers.

The representative didn’t identify who paid the money or ...