Chinese hacking group SilkTyphoon was allegedly behind the US hack in December. Department of Finance.
SilkTyphoon is believed to have stolen a digital key from a third-party service provider and used it to access unclassified information, Bloomberg reported. Reported Wednesday (Jan. 8), citing unidentified sources.
According to the report, the hackers gained access to documents stored in laptop and desktop computers during the incident.
On December 30, it was reported that Treasury Department workstations had been breached with support from China. Hackers Earlier this month, there was no evidence that the hacker still had access to Treasury systems or information, and that the department was working to assess the impact of the attack. The FBI And Cyber Security and Infrastructure Security Agency (CISA).
In another, different case, the United States Department of Foreign Affairs On January 3, the United States imposed sanctions on Beijing-based cybersecurity company Integrity Technology Group, a government contractor for the People’s Republic of China (PRC), saying the company Malicious botnet operations Targeting American victims.
In this case, PRC-based hackers known as FlexTyphoon were working for Integrity Tech when they targeted critical infrastructure in the U.S. and abroad, the State Department said.
In October, it was reported that US government agencies and some companies had begun investigating the possibility that Chinese Hackers Targeted American telecommunications companies.
By penetrating critical U.S. infrastructure, Chinese hackers aim to disrupt critical services to prevent a U.S. military response during any future crisis, U.S. cyber officials have said.
Some very sophisticated and harmful Cyber attacks Occurred in 2024 in history, PYMNTS reported on December 27. These attacks ranged from ransomware to critical infrastructure-destroying data breaches that compromised millions of customer records.
PYMNTS Intelligence and Novi collaboration,”Managing fraud in online transactions“
The report also found that 47% of businesses lost both revenue and customers to fraud in the past 12 months, while 68% saw a drop in customer satisfaction attributed to security breaches. .