Nov 9 (Reuters) - The U.S. Securities Industry and Financial Markets Association told members on Thursday that Industrial and Commercial Bank of China had been hit by ransomware which disrupted the U.S. Treasury market by preventing it from settling trades on behalf of other market players, the Financial Times reported.
ICBC, China's largest commercial lender by assets, was beginning to restore services as of Thursday afternoon, the newspaper said, citing people briefed on the ransomware attack, which paralyses computer systems unless a payment is made.
SIFMA and ICBC were not immediately available to comment to on the reported incident. (Reporting by Urvi Dugar in Bengaluru; Editing by Alexander Smith)
