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The hack that halted the US Treasury market

FT News Briefing

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Cybersecurity Threats and Market Instabilities

This chapter explores recent cybersecurity threats to the U.S. Treasury market, focusing on the impact of ransomware, especially from the Lockbit 3.0 group. It also highlights the financial ramifications of reduced mergers and acquisitions in the UK and discusses oil price fluctuations due to Middle Eastern geopolitical tensions.

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