cancel
Showing results for 
Show  only  | Search instead for 
Did you mean: 
cancel
Showing results for 
Show  only  | Search instead for 
Did you mean: 
Caute_cautim
Community Champion

Ransomware attack on ICBC disrupts trades in US Treasury market

Hi All

 

Chinese bank says it has contained a hack that affected some fixed income and equities transactions

 

China's largest bank hit by ransomware attack that may have disrupted Treasury market | "The FT reports that the Industrial and Commercial Bank of China was hit by a ransomware attack that may have disrupted the US Treasury market. The report says ICBC was prevented from settling bond trades on behalf of others. It's a worrisome attack at China's largest bank, though reports say that it's starting to restore services"

 

https://www.ft.com/content/8dd2446b-c8da-4854-9edc-bf841069ccb8

 

Regards

 

Caute_Cautim

 

 

 

0 Replies