PrimeXMs Hosted Servers under Attack.

PrimeXMs Hosted Servers under Attack.

According to the company, its engineers are trying to retrieve the servers.

One of the prominent global FX technology providers, PrimeXM today released an update regarding its hosted servers and highlighted an attack by ransomware. The company also 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 also 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, 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.