Hackers who attacked the financial services arm of China’s largest bank ICBCFS in the USA demanded cryptocurrency for ransom.
Leading Chinese bank Industrial and Commercial Bank of China Financial Services (ICBCFS)fell victim to Russian-linked cyber attackers. According to the news reported by the Financial Times hackers It launched an attack targeting the US subsidiary of ICBCFS. Cyber attackers paralyze computer systems With LockBit 3.0 ransomware It caused disruptions in the bank’s operations.
LockBit’s ransom payments only provide privacy Bitcoin (BTC), Monero (XMR) or Zcash (ZEC) It can be done through cryptocurrencies such as. LockBit software has been behind many hacking cases in the past. Especially Russia And East Europe based hacker groups It was announced that this software was used frequently.
of the attack US Treasury market liquidity And some stock transactions It had some impact on the market, but did not disrupt the overall functioning of the market. But market participants, including hedge funds and asset managers, are due to interruption redirected transactions
Someone who made a statement on the subject Treasury Department spokesperson He made the following statements:
We are aware of the cybersecurity issue and are in regular contact with key financial industry participants as well as federal regulators. We continue to monitor the situation.
ICBC disconnects and isolates affected systems shortly after the attack took the incident under control he stated.