Trades disrupted in US Treasury market after ransomware attack

Synopsis

In November 2023, the company (the world's largest bank by assets) experienced a cyberattack on its U.S. subsidiary disrupted the bank's systems, particularly impacting its ability to settle Treasury trades. This disruption impacted liquidity and forc...

Companies

  • Industrial and Commercial Bank of China

We've done the analysis so you can make the decisions

Search our repository of 6,493 high-quality, objective, peer-reviewed case studies, impacting 6,578 companies and resulting in $43,757,963,199 in net costs

  • Sophisticated search & querying
  • Financial data extracted
  • Key data points captured
Want to try before you buy? You can sample one of our case studies for free here