PrimeXM’s Hosted Servers under Attack

by Bilal Jafar
  • According to the company, its engineers are trying to retrieve the servers.
PrimeXM
PrimeXM logo

One of the prominent global FX technology providers, PrimeXM released an update regarding its hosted servers today and highlighted an attack by ransomware. In addition, the company requested clients to not restart any MT4/MT5 servers.

“We would like to inform you that PrimeXM Hosted servers are currently under attack by ransomware. Our PrimeXM engineers are doing all we can to retrieve the servers. For the time being, Please DO NOT restart any MT4/MT5 servers until further notice to avoid disconnections,” the company mentioned in the official update.

According to PrimeXM, it is working on the solution. Additionally, the company is monitoring any disconnections on the MT4/MT5 sessions. PrimeXM aims to provide further details about the mentioned issue in the coming days.

Being one of the largest FX technology providers in the market, PrimeXM saw consistent growth in 2021. In its latest monthly report, the company witnessed record monthly trading volumes of $1.23 trillion, and ADV touched $55.92 billion.

Regarding the recent attack on its hosted servers, PrimeXM mentioned that it can provide a new Watchdog server that clients can use in the meantime.

It is a developing story. Finance Magnates will soon update the article with the latest information and comments.

One of the prominent global FX technology providers, PrimeXM released an update regarding its hosted servers today and highlighted an attack by ransomware. In addition, the company requested clients to not restart any MT4/MT5 servers.

“We would like to inform you that PrimeXM Hosted servers are currently under attack by ransomware. Our PrimeXM engineers are doing all we can to retrieve the servers. For the time being, Please DO NOT restart any MT4/MT5 servers until further notice to avoid disconnections,” the company mentioned in the official update.

According to PrimeXM, it is working on the solution. Additionally, the company is monitoring any disconnections on the MT4/MT5 sessions. PrimeXM aims to provide further details about the mentioned issue in the coming days.

Being one of the largest FX technology providers in the market, PrimeXM saw consistent growth in 2021. In its latest monthly report, the company witnessed record monthly trading volumes of $1.23 trillion, and ADV touched $55.92 billion.

Regarding the recent attack on its hosted servers, PrimeXM mentioned that it can provide a new Watchdog server that clients can use in the meantime.

It is a developing story. Finance Magnates will soon update the article with the latest information and comments.

About the Author: Bilal Jafar
Bilal Jafar
  • 2440 Articles
  • 71 Followers
About the Author: Bilal Jafar
Bilal Jafar holds an MBA in Finance. In a professional career of more than 8 years, Jafar covered the evolution of FX, Cryptocurrencies, and Fintech. He started his career as a financial markets analyst and worked in different positions in the global media sector. Jafar writes about diverse topics within FX, Crypto, and the financial technology market.
  • 2440 Articles
  • 71 Followers

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