EquiLend Suffered Cybersecurity Attack That Shut Down Some Operations - Bloomberg

EquiLend Suffered Cybersecurity Attack That Shut Down Some Operations - Bloomberg

• EquiLend, which helps facilitate short sales, operates NGT, a securities-lending platform.
• Company owned by Goldman Sachs (NYSE: GS) and JPMorgan (NYSE: JPM) recently announced plans to sell a majority stake to PE firm Welsh.

More from EquiLend:

On January 22, 2024, EquiLend identified a technical issue that placed portions of our systems offline. We immediately launched an investigation and have identified a cyber security incident involving unauthorized access to our systems. We took immediate steps to secure our systems and are working methodically to restore the involved services as quickly as possible.

We are working with external cybersecurity firms and other professional advisers to assist with our investigation and restoration of service. Clients have been advised that this may take several days.

We will provide additional updates here as appropriate.

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