US arm of China mega-lender ICBC hit by ransomware attack

The US arm of China’s largest bank said it was hit by a ransomware attack, forcing clients to reroute trades and disrupting the US Treasury market. Ransomware attacks typically access vulnerable computer systems and encrypt or steal data, before sending a ransom note demanding payment in exchange for decrypting the data or not releasing it […]

The post US arm of China mega-lender ICBC hit by ransomware attack appeared first on Digital Journal.

access arm attack attacks bank banking business china clients computer cybersecurity data encrypt exchange icbc market mega payment ransom ransomware ransomware attack ransomware attacks steal systems treasury us vulnerable