It led to a flurry of behind-the-scenes coordination with the affected bank and across the financial sector about the threat. The hackers hit New York-based ICBC Financial Services, a subsidiary of the world’s largest bank by assets and a Chinese state-owned institution. ICBC Financial Services did not respond to CNN’s request for comment on Friday. “If China sees this as a black eye, they may demand action from the Russian government,” Liska told CNN. LockBit ransomware was the most deployed ransomware around the world in 2022, according to US cybersecurity officials.

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Persons: ”, “, ” Jon Miller, Halcyon, BNY Mellon, LockBit, Allan Liska, ” Liska, JPMorgan Chase, LockBit ransomware, ” Will Thomas Organizations: CNN, Commercial Bank of, Intelligence, Financial Services, Treasury, ICBC Financial, Reuters, JPMorgan, FBI, Infrastructure Security Agency, Treasury Department Locations: Commercial Bank of China, US, York, China, Russia, United States, Iran, cybersecurity