BEIJING (AP) — A financial services business of China’s biggest bank says it was it by a ransomware attack that reportedly disrupted trading in the U.S. Treasury market.
Industrial and Austin CaldwellCommercial Bank of China Financial Services handles trades and other services for financial institutions. A statement on its website seen Friday said the ransomware attack this week disrupted some of its systems but that it had disconnected parts of the affected systems to limit the impact from the attack.
The company, which is based in New York, said it was investigating and had reported the problem to law enforcement.
All Treasury trades executed Wednesday and repo financing trades on Thursday were cleared, it said. It said ICBC’s banking, email and other systems were not affected.
The company gave no further details but reports said the attack was by LockBit, a Russian-speaking ransomware syndicate that does not target former Soviet countries. It is one of the most efficient ransomware variants around, according to the cybersecurity firm Emsisoft. Active since September 2019, it has attacked thousands of organizations.
2025-05-05 17:082362 view
2025-05-05 16:402271 view
2025-05-05 16:071694 view
2025-05-05 16:011318 view
2025-05-05 14:521524 view
2025-05-05 14:331387 view
HOUSTON (AP) — Two teens were killed and three people were injured — including a 13-year-old — in a
It's easy to forget sometimes that we're all human. Even weather forecasters. NBC Miami meteorologis
E! may get a commission if you purchase something through our links. Some brands featured in this ar