Global derivatives market operator CME Group has confirmed client information within its OTC clearing services platform was affected in a cyber attack earlier this year.
The company confirmed it was a victim of the July attack that evaded its preventative systems, reaching client information within the CME ClearPort platform.
“Though CME Group maintains sophisticated systems, teams and processes to prevent such incidents, and promptly took significant actions to address the incident, CME Group has learned that certain customer information relating to the CME ClearPort platform was compromised,” a statement from the derivatives market operator read.
The company has forced a change to customer credentials impacted by the incident and said it was corresponding directly with the impacted customers.
CME Group said it was one of many firms that had been subject to such cyber attacks and it was cooperating with a law enforcement investigation into the attack.
CME ClearPort is a platform providing access to clearing services for OTC market participants to mitigate counterparty risk. It was rebranded from NYMEX ClearPort after the CME Group acquired the platform in 2008.