Hackers Hit Worlds Largest Bank, Forcing Financial Giant to Rely on USB Stick to Settle Trades: Report
Finanças Hackers atingem o maior banco do mundo, forçando gigante financeiro a confiar em pendrives USB para liquidar negociações: relatório Notícias do Bitcoin Ethereum Engineers are investigating how hackers managed to crack the New York arm of the Industrial & Commercial Bank of China (ICBC) – a financial institution with $5.74 trillion in total assets. The hack forced the ICBC to settle trades using a USB stick while forcing banks, brokerages and market makers to reroute trades, reports Bloomberg. The attack also disrupted the bank‘s ability to participate in the Treasury’s bond auction on Thursday. Investigators believe the ransomware gang Lockbit, which has ties to Russia, is behind the attack. Without naming names, Bloomberg says banking leaders admit the hack highlights fears that a system-wide attack could one day bring the traditional financial system to a halt. The ICBC says it‘s debating whether to ask for assistance from China’s Ministry of State Security. The number of ransomware attacks on the financial industry has increased in recent years, according to a report from the cybersecurity firm Sophos. Sophos says financial institutions are stepping up their efforts to stay secure. The firms survey of 3,000 cybersecurity/IT leaders, including 336 in the financial services sector, found 81% of organizations say their data is encrypted,