Chinese Data Breach Affects Treasury Settlement: Is It Legit? Find Out
Did you receive the Chinese Data Breach Affects Treasury Settlement email? It is not a scam. You received the mail because you filed a claim.
The Industrial and Commercial Bank of China spilled the tea about a little data breach situation. Turns out, their financial services arm, ICBC Financial Services, took a hit in a ransomware attack on Nov. 8. It wasn’t just any breach; it put a glitch in the matrix of trading US Treasury bonds.
Who Is Behind The Chinese Data Breach Affects Treasury Settlement
The U.S. financial playground just got hit with some drama. Industrial and Commercial Bank of China spilled the beans that its money matters sector, ICBC Financial Services, got into a data breach. Rumor has it the breach even threw a wrench in the whole trading scene for US Treasurys. The big guns got hit withthis ransomware on Nov. 8, causing a bit of a situation their systems.
How Much Is The Settlement
There is settlement amount for now. However, ICBC, the world’s largest lender by assets, recently faced a ransomware attack on its U.S. financial services arm, ICBC Financial Services. The state-owned bank didn’t say the people who caused this. However, They are working with law enforcement to get to the root of the matter.
Conclusion
Chinese Data Breach Affects Treasury Settlement is not a scam, Just like Pepsi Single-Use Plastic Lawsuit. ICBC, the world’s largest lender by assets, recently faced a ransomware attack on its U.S. financial services arm, ICBC Financial Services. The state-owned bank didn’t say the people who caused this. However, They are working with law enforcement.
