United States SEC settles record keeping charges and imposed no fine against China ICBC for the 2023 ransomware attack. ICBC had failed to keep books & records, and sent clients written notifications for securities-related transactions after the ransomware attack. ICBC had cooperated meaningfully & took extensive remedial measures. Read - https://lnkd.in/gm6rBfJF follow Caproasia | Driving the future of Asia The United States Securities & Futures Commission (SEC) has settled record keeping charges and imposed no fine against China ICBC (Industrial & Commercial Bank of China) for the 2023 ransomware attack. ICBC had failed to keep books & records, and sent clients written notifications for securities-related transactions after the ransomware attack. ICBC had cooperated meaningfully & took extensive remedial measures.
