Ransomware attack on major Chinese lender disrupts financial markets
A suspected LockBit ransomware attack on ICBC Financial Services, the US arm of the Industrial and Commercial Bank of China (ICBC), a leading state-owned bank, disrupted activity in the US Treasury market on Thursday 9 November, allegedly forcing the bank to resort to using USB drives carried by messengers to settle trades. One of the…
Ransomware attack on major Chinese lender disrupts financial markets Read More »