Cybersecurity
ICBC Flies Top Executives to US in Race to Contain Hack Fallout
- Bank officials arrive in US over weekend after cyberattack
- Hard to predict when systems will resume service, people say
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Within days of a cyberattack at its US unit, members of Industrial & Commercial Bank of China Ltd.’s management were on a plane.
Officials from the world’s largest lender arrived in the US over the weekend in a hastily arranged trip to limit fallout from the incident last week, people with knowledge of the situation said. As they sought to calm markets through a steady stream of discussions and calls, one question remained unanswered: When will the stricken systems start functioning again?