ICBC Takes Action to Mitigate US Ransomware Attack Impact

1 min read
Source: Financial Times
TL;DR Summary

The Industrial and Commercial Bank of China (ICBC) is taking measures to mitigate the impact of a recent ransomware attack on its US operations, according to China's foreign ministry. The attack, which targeted ICBC's US subsidiary, disrupted some of the bank's operations, but the situation is now under control. China has called for international cooperation to combat cyber threats and emphasized the need for a global cybersecurity governance system.

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