Lost traffic Website may be hacked.

I recently noticed that my website lost a significant amount of traffic. Now the reason that I think it may be hacked is because I'm not completely sure if someone is redirecting their traffic from my site or it the traffic just dropped.

Let me give everyone some details on the site. The site has been up since April and we are three editors that are working to get this site going with some good traffic. We aren't looking to make much money just yet as we want to build good traffic and audience. I'm not sure if it is allowed for me to post the name of the website here but I can provide it if needed.

Our average traffic was a bit over 300 a day and now its gone down to about 60 a day. This just began happening on Tuesday.We post new articles every other day to keep our audience coming back.

And we don't buy any links or traffic from anyone. We want to keep the site legal within Google's definitions and try to prevent the good old slap.

Now prior to Tuesday there was someone who was trying to hack into the Wordpress and i got an email saying that a certain IP had been locked out for too many attempts at logging in.

Since then the traffic went down.

I use StatCounter to keep up with the traffic and the traffic there has been about 40-60 in the past few days on my website. But when I go back to my hosting homepage and check the traffic there, it still says I'm getting over 300 visits to that Domain. So I'm assuming that someone may be redirect my traffic from my hosting server to their domain.

The problem is I don't know how to tell if the traffic is being redirected and more importantly how to fix the issue.

Any help is greatly appreciated

Thanks