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Chinese Hackers Breach U.S. Treasury, Targeting Sanctions Office

The December cyberattack, attributed to a China state-sponsored group, accessed unclassified documents and sensitive government systems through a third-party software vulnerability.

  • The U.S. Treasury Department confirmed a major cybersecurity breach in December 2024, with hackers linked to the Chinese government accessing unclassified documents and employee workstations.
  • The attack targeted the Office of Foreign Assets Control (OFAC), which handles U.S. sanctions, potentially exposing information on sanctions deliberations and prospective targets.
  • Hackers exploited a stolen security key from BeyondTrust, a third-party software provider, to bypass protections and infiltrate Treasury systems.
  • The FBI and Cybersecurity and Infrastructure Security Agency (CISA) are investigating the breach, with officials stating there is no evidence of continued access by the attackers.
  • Lawmakers are demanding a faster response from Treasury Secretary Janet Yellen, seeking details on the breach, its perpetrators, and measures to prevent future incidents.
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