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ICBC paid ransom after hack that disrupted markets, cybercriminals say

LONDON (Reuters) -China's biggest lender, the Industrial and Commercial Bank of China, paid a ransom after it was hacked last week, a Lockbit ransomware gang representative said on Monday in a statement which Reuters was unable to independently verify. ICBC, whose U.S. arm was hit by a ransomware attack that disrupted trades in the U.S. Treasury market on Nov. 9, did not immediately respond to a request for comment. "They paid a ransom, deal closed," the Lockbit representative told Reuters via Tox, an online messaging app.

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Gang says ICBC paid ransom over hack that disrupted US Treasury market

China s biggest lender, the Industrial and Commercial Bank of China, paid a ransom after it was hacked last week, a Lockbit ransomware gang representative said on Monday in a statement which Reuters.

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Wall St ends mixed as yields ease; earnings in focus

STORY: U.S. stocks wavered to a mixed close on Monday as the benchmark 10-year U.S. Treasury yield hit 5% for the first time since 2007 before easing. and investors shifted their focus to this.

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EMEA Morning Briefing: Stock Futures Fall Amid Higher Treasury Yields, Mideast Tensions

EMEA Morning Briefing: Stock Futures Fall Amid Higher Treasury Yields, Mideast Tensions
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EMEA Morning Briefing : Stock Futures Fall Amid Higher Treasury Yields, Mideast Tensions -October 19, 2023 at 12:17 am EDT

MARKET WRAPS Watch For: Euro area balance of payments; France monthly business survey; Italy balance of payments; UK OBR Forecast evaluation report, consumer confidence survey; trading.

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