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ICBC paid ransom after hack that disrupted markets, cybercriminals say
China’s biggest lender, the Industrial and Commercial Bank of China, has paid a ransom to cybercriminals who hacked ICBC last week, a representative of the Lockbit ransomware gang said on Monday (Nov 13) in a statement Reuters was unable to independently verify. The ICBC's US arm was hit by a ransomware attack that disrupted trades in the US Treasury market on Thursday (Nov 10). “They paid a ransom, deal closed,” the Lockbit representative told Reuters via Tox, an online messaging app. ICBC did not immediately respond to a request for comment. The ransomware attack came at a time of heightened worries about the ... (full story)