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Cybersecurity Attack Disrupts U.S. Treasury Market at China's Biggest Bank

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Cybersecurity News

Cybersecurity,Attack,U.S. Treasury Market

BEIJING (AP) — The U.S. Treasury says it is aware of a cybersecurity attack at China's biggest bank that reportedly disrupted trading in the U.S. Treasury market and is in contact with financial regulators.

BEIJING — The U.S. Treasury says it is aware of a cybersecurity attack at China's biggest bank that reportedly disrupted trading in the U.S. Treasury market and is in contact with financial regulators.Industrial and Commercial Bank of China Financial Services handles trades and other services for financial institutions.

All Treasury trades executed Wednesday and repo financing trades on Thursday were cleared, it said. It said ICBC’s banking, email and other systems were not affected.

 

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