World’s largest bank forced to use USB stick to trade ...News

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World’s largest bank forced to use USB stick to trade
source : Russia Today ( News ) () 89
The US financial services arm of China’s ICBC bank was hit by a cyberattack   The world’s largest bank by deposits, the Industrial and Commercial Bank of China (ICBC), suffered a cyberattack that reportedly disrupted US Treasury trades this week, forcing the firm to use a USB stick to complete settlements.   ICBC revealed on Thursday that its US financial services unit had experienced a ransomware attack that resulted in disruption to several systems.   The lender consequently had to send a messenger with a USB stick containing settlement details to the impacted parties, according to media reports.    The bank sa

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