Treasury
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Chinese hackers targeted sanctions office in Treasury attack
Chinese state-backed hackers have reportedly breached the Office of Foreign Assets Control (OFAC), a Treasury Department office that administers and enforces trade and economic sanctions programs. OFAC was created in December 1950, blocking all Chinese and North Korean assets under U.S. jurisdiction after China entered the Korean War. In a letter sent to Congress this week, the Treasury Department disclosed…
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Chinese threat actors breached the US Treasury in ‘major incident’ – here’s what you need to know
Chinese threat actors were able to access highly sensitive information held by the US Treasury Department after compromising a third party service used for remote IT support. On 8 December, cybersecurity firm BeyondTrust warned users it had discovered an API key for its remote support SaaS solution had been compromised. The stolen key could allow threat actors to trigger password…
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US Treasury Department breached through remote support platform
Chinese state-sponsored threat actors hacked the U.S. Treasury Department after breaching a remote support platform used by the federal agency. In a letter sent to lawmakers and seen by the New York Times, the Treasury Department warned lawmakers it was first notified of the breach on December 8th by its vendor BeyondTrust. BeyondTrust is a privileged access management company that also…
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The US Treasury Department was hacked
The US Treasury Department suffered a “major” security incident after a China state-sponsored hacker broke into the third-party remote management software it uses, as reported earlier by The New York Times. In a letter to lawmakers seen by The Verge, the Treasury Department said BeyondTrust, the company behind its remote management software, notified the agency of a breach on December…
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