FS-ISAC: “limited impact” from EquiLend cyber attack, market goes manual where needed

A spokesperson for the Financial Services Information Sharing and Analysis Center (FS-ISAC) said in a statement that the outage at Equilend has impacted specific automated securities lending services.

“As needed, market participants have adjusted by moving to existing manual processes, with limited impact observed. The sector is monitoring for any ongoing issues and coordinating through our established incident response processes and resilience mechanisms to ensure firms have the information they need to mitigate potential impacts.”

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