ICBC is one of China's 'Big Four' state-owned lenders.
Mandatory Credit: Qilai Shen/Bloomberg/Getty Images
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Ransomware attack on China’s biggest bank may have hit US Treasury market
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 Treasuries which may have contributed to a brief market sell-off on Thursday.
