ICBC's U.S. subsidiary was attacked by ransomware, causing some system outages

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Release: 2023-11-13 08:18:26
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ICBC Financial Services Co., Ltd. (hereinafter referred to as "ICBC Financial"), a wholly-owned subsidiary of Industrial and Commercial Bank of China, recently issued an announcement on its official website, stating that they were attacked by ransomware in the United States, causing some system interruptions. This incident occurred on November 8th, Eastern Time (November 9th, Beijing time)

ICBCs U.S. subsidiary was attacked by ransomware, causing some system outages

The official website of ICBC Financial issued an announcement saying that it was discovered that After the attack, the company immediately cut off and isolated the affected systems to avoid further spread of the attack. At present, the company has launched a thorough investigation and is supported by a team of information security experts and is working to restore the system. The company will also report the matter to law enforcement

This website noted that the statement also stated that despite the attack, the company successfully completed the settlement of U.S. Treasury securities transactions on November 8 and the return on November 9. purchase transaction. At the same time, the statement also showed that the company's business and email systems are independent from the ICBC Group's operations. The head office and other domestic and overseas branches of ICBC, including ICBC New York Branch, are not affected by this incident

ICBC Financial, a wholly-owned subsidiary of ICBC, is headquartered in New York, USA and is committed to serving major global institutions. Institutional clients in the market provide global clearing, financing and other services

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source:ithome.com
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