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Gang says ICBC paid ransom over hack that disrupted US Treasury market, ‘deal closed’

Posted on November 14, 2023 by Dissent

James Pearson reports:

China’s biggest lender, the Industrial and Commercial Bank of China, paid a ransom after it was hacked last week, a Lockbit ransomware gang representative said on Monday in a statement which Reuters was unable to independently verify.

ICBC, whose U.S. arm was hit by a ransomware attack that disrupted trades in the U.S. Treasury market on Nov. 9, did not immediately respond to a request for comment.

Read more at Reuters.

Related posts:

  • Dual Russian And Israeli National Extradited To The United States For His Role In The LockBit Ransomware Conspiracy
  • Two Foreign Nationals Plead Guilty to Participation in LockBit Ransomware Group
Category: Financial SectorHackNon-U.S.

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