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What is ICBC? What are ransomware attacks? Who is behind this cyber attack? What has its impact been? How have authorities responded to the ongoing ransomware ‘crisis’?
In a major cybersecurity incident, the U.S. arm of the Industrial and Commercial Bank of China (ICBC) fell victim to a ransomware attack, disrupting trade in the U.S. Treasury on Thursday, 9 November
The financial services arm of ICBC, the world's largest bank, confirmed on Thursday that it was hit by a ransomware attack.
A disappointing Treasury auction and hawkish comments by the Federal Reserve’s chair underscored investor fears about inflation.
After admitting responsibility for compromising Sony, a Colonial Pipeline supplier, and a Hawai'i government site, the RansomedVC group has claimed that it will be ending operations due to the arrests of six of its affiliates, reports The Record, a news site by cybersecurity firm Recorded Future.