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 Ov FinanceCommercial 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 12:192757 view
2025-05-05 11:572449 view
2025-05-05 11:35125 view
2025-05-05 11:052708 view
2025-05-05 10:45273 view
2025-05-05 10:42347 view
PARIS — French President Emmanuel Macron on Tuesday presented renovation plans for the Louvre, the w
Tetris is an old-school video game, released nearly 40 years ago. But a 13-year-old from Oklahoma ju
LOS ANGELES (AP) — Pedro Pascal and Melanie Lynskey are up for two of the most coveted Emmy Awards o