ICBC ordered to pay damages for privacy breachcbc.ca - The B.C. Supreme Court has awarded damages to ICBC customers impacted by a privacy breach that occurred when former adjuster Candy Elaine Rheaume improperly accessed and sold personal information over... Show more
Nov 16, 2023
Ransomware Paid
ICBC hacker says ransom was paid following major breachinsurancebusinessmag.com - The Industrial and Commercial Bank of China (ICBC) paid a ransom after a cyber attack by the Lockbit ransomware group on November 9, which significantly disrupted ICBC's US operations, including a $9 ... Show more
Nov 09, 2023
Initial Disclosure
Treasury Markets Disrupted by ICBC Ransomware Attackdarkreading.com - The Industrial and Commercial Bank of China (ICBC) suffered a ransomware attack that disrupted the US Treasury's ability to settle trades for other market participants. The ICBC has begun restoring se... Show more
Financial Markets Disrupted
Organization Details
Organization Size
434000
HQ Location
Beijing, China
Industry
Financial Services
Security Stack used by Industrial and Commercial Bank of China at time of breach (best approximation) Why?
The Industrial and Commercial Bank of China (ICBC) is a leading global banking institution established on January 1, 1984, from the commercial banking division of the People's Bank of China. ICBC focuses on providing a wide range of financial services, including personal banking, corporate banking, ... Show more