SEC settles with ICBC unit over ransomware attack

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Imposes no fine.

SEC settles with ICBC unit over ransomware attack
The US Securities and Exchange Commission has settled record keeping charges against an Industrial and Commercial Bank of China unit concerning a November 2023 ransomware attack, but decided not to impose a civil fine. The accord resolves accusations that for nearly four months after the attack, ...

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financial servicesransomwaresecurity

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