The U.S. financial services division of Chinese bank ICBC was hit with a cyberattack that reportedly disrupted the trading of Treasurys. Industrial and Commercial Bank of China, the world’s largest lender by assets, said Thursday that its financial services arm experienced a ransomware attack “that resulted in disruption to certain” systems. Immediately after discovering the hack, ICBC “isolated impacted systems to contain the incident,” the bank said. Ransomware is a type of cyberattack. It involves hackers taking control of systems or information and only letting them go once the victim has paid a ransom. It’s a ... (full story)