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From Billionaire to Debtor: ICBC’s Ransomware Rumble Turns Banking on its USB Head
“ICBC, the world’s largest bank, was blind-sided by a ransomware attack, leaving them trading with USB sticks! Their $9 billion debt to BNY Mellon swiftly turned them from billionaires to debtors. But hey, at least my Netflix debt doesn’t seem so bad now!” These cyberattacks…
Hot Take:
Nothing is sacred in the world of cyber crime, not even the world's largest bank. ICBC, you've been hit. I guess it's a compliment, in a twisted sort of way. Now, we know that cyberattacks can leave banks trading with USB sticks and owing 9 billion bucks. Suddenly, my overdue Netflix subscription doesn't seem so bad.Already a member? Log in here