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Yellen says no impact on Treasury market after ransomware attack on US division of Chinese bank ICBC

The U.S. financial services division of the Industrial and Commercial Bank of China (ICBC) has reported a ransomware attack on some of its systems on Thursday. The following notice is displayed upon visiting the ICBC Financial Services website (as per the time of writing): "On November 8, 2023, U.S. Eastern Time (November 9, 2023, Beijing Time), ICBC Financial Services (FS) experienced a ransomware attack that resulted in disruption to certain FS systems. Immediately upon discovering the incident, ICBC FS disconnected and isolated impacted systems to contain the incident. ICBC FS has been conducting a thorough investigation and is progressing its recovery efforts with the support of its professional team of information security experts.

citable.com     Nov 11, 2023