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    Home » Blog » Chinese hackers breach US Treasury; Third-party alert triggers cybersecurity probe

    Chinese hackers breach US Treasury; Third-party alert triggers cybersecurity probe

    December 30, 2024Updated:December 30, 2024 World No Comments
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    Chinese hackers breach US Treasury; Third-party alert triggers cybersecurity probe

    By breaking into a third-party application service provider, Chinese hackers gained access to a number of workstations and unidentified files, according to the US Treasury Department’s revelations on Monday.
    The attack took place earlier this month, and it is currently being looked into as a significant security affair.
    The Treasury assured legislators that there was no proof that hackers also had access to its data, even though it did not disclose how many desktops were accessed or what files were stolen. According to a spokesperson, the department was taking the breach significantly and strengthening its digital defenses.
    In a speech to the Associated Press, the spokesperson said,” Treasury takes all challenges against our systems and the information it holds very seriously.” Treasury has tremendously increased its digital defense over the past four years, and we will continue to collaborate with both personal and public sector partners to defend our economic system from threat actors, they continued.
    The violation occurred after a third-party service provider, BeyondTrust, alerted the section on December 8 that hackers had stolen a code that allowed them to pass security and get remote access to individual desktops. The afflicted company has since been shut down.
    To check the assault, which has been linked to alleged Chinese state-sponsored hackers, the Treasury is working closely with the FBI and the security and network protection agency.
    This event, according to the US, is one of a wider set of cyberattacks committed against China, including the Salt Typhoon plan, which targeted telecom companies and affected at least nine.
    In response to the claims, Beijing has denied any involvement, saying that it opposes for deeds and takes actions against all kinds of attacks.
    The Treasury’s investigation is ongoing, and authorities are focused on determining the total size of the violation.


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