The U.S. financial services division of Chinese bank ICBC was hit with a cyberattack that reportedly disrupted the trading of Treasurys.
The U.S. financial services division of Chinese bank ICBC was hit with a cyberattack that reportedly disrupted the trading of Treasurys.
ICBC, the world’s largest lender by assets, said on Thursday its financial services arm experienced a ransomware attack «that resulted in disruption to certain» systems.
Immediately after discovering the hack, ICBC «isolated impacted systems to contain the incident,» the bank said.
Ransomware is a type of cyberattack. It involves hackers taking control of systems or information and only letting them go once the victim has paid a ransom.
