Hong Kong CNN — A US unit of the Industrial and Commercial Bank of China (ICBC) was hit by a ransomware attack this week that disrupted some of its systems, reportedly hitting liquidity in US ...

Immediately upon discovering the incident, ICBC FS disconnected and isolated impacted systems to contain the incident," said the bank. "ICBC FS has been conducting a thorough investigation and is ...

“The ICBC hack will make large banks around the globe race to improve their defenses, starting today.” As details of the attack emerged, employees at the bank’s Beijing headquarters held ...