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World Business Report: First broadcast 10/11/2023 15:32 GMT : China's biggest bank hit by ransomware attack

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China's biggest bank hit by ransomware attack

First broadcast 10/11/2023 15:32 GMT 

First broadcast 10/11/2023 15:32 GMT : China's biggest bank hit by ransomware attack

BBC World Service - World Business Report, China's biggest bank hit by ransomware attack

China's biggest bank, the ICBC, hit by ransomware attack.

China's biggest bank, the Industrial and Commercial Bank of China's (ICBC) has been hit by a ransomware attack that caused disruption on the US Treasury market.

China's biggest bank, the Industrial and Commercial Bank of China's (ICBC), has been hacked by ransomware - and it has caused problems in America, the world's most important sovereign bond market. Roger Hearing looks at what this means for security at global financial institutions.

We also look at why Polish truckers have spent almost a week blockading the border with Ukraine.  

And as the Hindu festival of Diwali begins, are cash-strapped Indian families going to be spending as much as usual on the celebrations?

(Picture credit: Future Publishing/Getty Images)

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First broadcast 10/11/2023 15:32 GMT : China's biggest bank hit by ransomware attack

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