Switzerland's leading online financial service provider, Swissquote, confirmed through its social media today that the company has been hit by a large-scale DDoS (Distributed Denial of Service) attack, resulting in a brief system crash.

Yesterday, as well as some of today, Swissquote experienced a large-scale DDoS attack. The attack triggered our defense solution, which affected access to our platform and services

The system has been restored, but as the system returns to normal, some of our services may still have some delays. We sincerely apologize for the inconvenience caused by this interruption and thank you for your support

Swissquote provides its clients with a wide range of asset transactions, including stocks, ETFs, funds, bonds, derivatives, cryptocurrencies, and more. Last month, the company was connected to the Dubai Financial Market (DFM) ecosystem, providing direct investment opportunities into the Dubai financial market.

Source: FX110