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China’s Biggest Lender ICBC Confirms Ransomware Attack, Disrupts Trades In US Treasury market

By Vandana Singh
November 10, 1:45 PM
The U.S. financial services division of the Industrial and Commercial Bank of China (ICBC) faced a cyberattack, impacting Treasury trades and prompting an investigation, and ICBC isolated affected systems to contain the disruption. The Industrial and Commercial Bank of China is the world's largest lender by assets.

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