U.S. Treasury Zaps Chinese Cyber Firm Over Salt Typhoon Shenanigans
The U.S. Treasury has sanctioned a Chinese cybersecurity firm and a cyber actor for their roles in the Salt Typhoon breach of U.S. federal agencies. With the same finesse as a toddler with finger paint, these cyber actors have targeted government systems, leading to some serious digital consequences.
Hot Take:
Looks like the U.S. Treasury is playing Whac-A-Mole with Chinese cyber threats. If only the ‘Salt Typhoon’ was just a new seasoning for our fries instead of a cybersecurity nightmare. Who knew tech could be so spicy?
Key Points:
- U.S. Treasury’s OFAC sanctioned Chinese firm Sichuan Juxinhe Network Technology Co., LTD. for involvement with Salt Typhoon.
- Shanghai-based cyber actor Yin Kecheng also got slapped with sanctions for hacking into the Treasury’s network.
- Chinese cyber threats are as persistent as a toddler asking for candy at the checkout line.
- BeyondTrust, a privileged access management provider, was breached, aiding the Treasury’s hack.
- The U.S. is ready to dish out $10M for tips on state-sponsored cyber actors targeting critical infrastructure.
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