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 Charles HanoverCommercial 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.
2025-04-30 00:192603 view
2025-04-29 23:281938 view
2025-04-29 22:362254 view
2025-04-29 22:342537 view
2025-04-29 22:12618 view
2025-04-29 22:081823 view
CHARLESTON, W.Va. (AP) — A newly elected state lawmaker in West Virginia is facing at least one felo
On Tuesday, Tesla unveiled grand plans to acquire America’s biggest residential solar installer, Sol
The Canadian oil pipeline company responsible for one of the largest inland oil spills on record has