ICBC Financial Services LockBit ransomware (2023)
LockBit ransomware disrupted the U.S. broker-dealer arm of the world's largest bank, ICBC, jamming settlement of over $9 billion in U.S. Treasury trades. Bank staff sent critical settlement details by USB stick via a messenger across Manhattan. $62 billion of Treasuries failed to deliver in one day.
- Victim
- ICBC Financial Services (U.S. broker-dealer of Industrial and Commercial Bank of China)
- Loss
- $9.00B