First reported by Bloomberg (readers may encounter a paywall), the US unit of the Industrial and Commerce Bank of China—the world's largest by total assets—was struck by a cyberattack late Wednesday, forcing it to conduct business via messenger carrying a USB stick with transaction details.
The likely culprit was Lockbit, a Russia-linked organization which has previously hacked Boeing, ION Trading UK, and the British Royal Mail, continuing a trend of high-profile cybersecurity breaches at major companies like the ones suffered by Nvidia in recent years.
