ICBC bank ransomware attack, World’s biggest bank hacked
ICBC: World’s biggest bank hacked due to suspected Citrix Bleed vulnerability (CVE-2023-4966)
On November 9, 2023, the Industrial and Commercial Bank of China (ICBC), the world's largest bank, was hit by a ransomware attack that disrupted trades in the U.S. Treasury market. The attack was carried out by the ransomware group LockBit, which demanded a ransom of $10 million from ICBC.

ICBC said that it was able to isolate the impacted systems and contain the incident. The bank also said that it was making progress in recovering from the attack and that it was in contact with law enforcement agencies in the United States and China.

The attack on ICBC is the latest in a string of high-profile ransomware attacks against financial institutions. In recent months, ransomware groups have also targeted banks in Costa Rica, Brazil, and India.

The increasing frequency of ransomware attacks against financial institutions has raised concerns about the security of the global financial system. Ransomware attacks can cause significant financial losses and disruptions to critical infrastructure.
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