Over thepast weekend, prop firm E8 Markets fell victim to a DDoS attack, leavingtraders unable to access their accounts for 48 hours. Although thewebsite and platform functionality had been restored at the time of reporting,some users still reported access issues even after the markets reopened Today(Monday).E8 Markets Targeted inDDoS AttackOnSaturday, propfirm E8 Markets announced that it had been "experiencing a DDoSattack" since Friday. The team was actively working on resolving the issueand securing both the website and platform against "further threats."Despitethese efforts, the E8 Markets website remained inaccessible on Saturday, withthe firm stating that clients would be notified once everything was back tonormal.Important announcement! 🚨We’ve been experiencing a DDOS attack since yesterday, and our team is actively working on mitigation and securing against any further threats.At the moment, our website is down, but we’re on it. We’ll update you as soon as everything is back to…— E8 Markets (@E8Markets) February 22, 2025In aseparate update, the company assured users that, as a "response to therecent DDoS attack," E8 Markets was "conducting extra security auditsto ensure that no irregularities have occurred.""Whileour initial assessments show no signs of any issues beyond the attack itself,we are performing more extensive audits to guarantee 100% system integrity andsecurity before bringing the dashboard back online," the company added.Update 📢 As part of our response to the recent DDOS attack, we are conducting extra security audits to ensure that no irregularities have occurred.While our initial assessments show no signs of any issues beyond the attack itself, we are performing more extensive audits to…— E8 Markets (@E8Markets) February 22, 2025However, asof February 22, no further updates had been posted on E8 Markets’ X (formerlyTwitter) account regarding the situation. Clients reported that access to thewebsite and platform was still unavailable not only on Sunday but also at thestart of Monday’s session, when Forex and other financial markets were alreadyactive."Thisis so frustrating. The frickin' markets are open… anybody with open trades hasno choice but to watch their PnLs with no hands on the wheel," commented auser named Josh Robinson at 12:23 AM CET.What Are DDoS Attacks?A DistributedDenial-of-Service (DDoS) attack occurs when an attacker floods a targetsystem—usually a website or online service—with an overwhelming number ofrequests or data packets. These requests come from numerous devices that havebeen hijacked, often without their owners’ knowledge. As thesecompromised devices collectively bombard the target, the system’s resources areused up quickly, making it difficult or impossible for legitimate users toaccess the service.Attackerslaunch DDoS campaigns for various reasons, such as disrupting the operations ofa rival business, extorting money from an organization by threatening prolongeddowntime, or simply causing chaos to gain attention. Because multiple machinesare involved in a coordinated assault, it can be challenging to block allmalicious traffic or trace it back to a single origin. Organizationsdefend themselves by using tools that identify and filter out suspicioustraffic, and by spreading their systems across several servers so that nosingle resource becomes overwhelmed.Another DDoS Attack in theProp Trading IndustryThe DDoSattack on E8 Markets is not the first incident in the industry in recentmonths. Finance Magnates recently reported that another popular proptrading firm, FundingPips, also fell victim to a similar attack.A fewmonths prior, TradeLocker, a platform widely used by prop traders, particularlyin the futures market, wasalso targeted. Although the platform was only down for an hour, thedisruption caused significant confusion among clients of multiple prop firms.This article was written by Damian Chmiel at www.financemagnates.com.