A ransomware attack on China’s Industrial and Commercial Bank of China (ICBC) disrupted Treasury market trades. The attack was first discovered when the ICBC’s system failed to process payments and transactions. The cyberattack caused a delay in payments and transactions, affecting the market and leading to the suspension of ICBC’s Treasury market trades. The bank is working with experts to investigate and address the issue. It has promised to take all necessary measures to protect the interests of customers.
