Cyber Storm: US Sanctions Chinese Hackers Amid Treasury Breach Scandal

The U.S. Treasury has sanctioned a Chinese cybersecurity firm and a cyber actor linked to the Salt Typhoon group for hacking the Treasury’s own network. These sanctions highlight ongoing threats from People’s Republic of China-linked malicious cyber actors as they continue targeting U.S. government systems and critical infrastructure.

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Hot Take:

**_Oh, China, you’ve done it again! The U.S. Treasury is rolling out the cyber red carpet, or rather the red alert with sanctions, because apparently, some Chinese hackers thought hacking into the Treasury was the ultimate online shopping experience. Who knew sensitive documents were the new must-have accessory of the season?_**

Key Points:

– The U.S. Treasury has sanctioned a Chinese cybersecurity company and a cyber actor linked to the Salt Typhoon group.
– Silk Typhoon, formerly known as Hafnium, is blamed for the breach of BeyondTrust’s systems, affecting U.S. Treasury systems.
– Over 400 Treasury computers were compromised, with more than 3,000 files stolen, including sensitive documents.
– The Department of State offers a $10 million reward for information on state-sponsored cyber actors targeting U.S. infrastructure.
– The FCC has introduced new rules for telecom companies to enhance cybersecurity measures.

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