Since late last week, FXOpen has been under attack by the biggest DDOS (Distributed Denial Of Service) attack seen in the company’s history.
The attack that originates in Russia, but uses botnets from around the world is currently abusing the websites with over 100million connections per day and rising. No web server can handle that much information without interruptions and despite having the best DDOS protection in a large server cluster, FXOpen’s websites are currently inaccessible however, trading via the MT4 terminal is completely unaffected.
On Friday, I spoke to the “hacker” who goes by the name of Ivan Ivanov of Khabarovsk, Russia and he demanded $5,000 to stop the attack. His demand has since risen to $15,000.
The attack was ordered by FXOpen’s Russian competitors (according to Ivanov). This kind of criminal activity highlights the need for vigilance when dealing with Russian Forex companies who may also be involved in money laundering, mafia and terrorism.
FXOpen’s IT team is working around the clock to find a solution and we hope some website functionality will return soon.