E8 Markets Faces Extended Outage After DDoS Attack
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Prop firm E8 Markets recently experienced a Distributed Denial-of-Service (DDoS) attack that left traders unable to access their accounts for nearly two days. Although the website and trading platform were eventually restored, some users continued to report difficulties logging in even after financial markets resumed.
The company initially announced that it had been under attack since the previous day, and its team worked tirelessly to resolve the issue and secure both the website and platform against further threats.
E8 Markets Tries To Fix Website Problems After DDoS Attack
Even with the company’s efforts to fix the problem, the website stayed down for a long time. The company said customers would get a message when things were back to normal.
Later, E8 Markets told users it was doing more safety checks to be sure nothing else was wrong, ensuring a safe and secure trading system.
The company said first checks showed no problems except for the attack. It was doing more checks to make sure everything was safe before bringing the dashboard back online.
At the time of the latest reports, no further updates had been posted on the company’s social media account.
One trader, Josh Robinson, expressed his frustration, stating that with the markets open, those with active trades were forced to watch their profit and loss figures without being able to intervene. A DDoS attack happens when a bad actor sends too many requests to a website or service.
These requests come from many hacked devices, often without their owners knowing. The attack fills up the system, stopping real users from getting in.
The attack on E8 Markets showed how online trading can face problems when bad actors send too many requests. Even after fixing the website, some traders still had trouble logging in.
DDoS Attacks Show Why Online Trading Needs Strong Security
Attackers launch DDoS campaigns for a variety of reasons, including disrupting a competitor’s operations, extorting funds by threatening prolonged downtime, or simply causing chaos for attention.
E8 Markets is not the only company hit by such attacks. Other trading firms, like Funding Pips and TradeLocker, had the same problem. TradeLocker had a short but strong outage, confusing its users.
These attacks show that keeping online trading safe is hard. Hackers try to break in, and companies must work to stop them. Strong safety steps help protect users’ money. Trading platforms need better ways to stay safe and keep hackers away.
