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U.S. Sanctions Chinese Firm and Hacker Over Telecom and Treasury Cyberattacks

The Treasury Department targets entities linked to China's Ministry of State Security for hacking U.S. government systems and telecom providers.

  • The U.S. Treasury Department sanctioned Yin Kecheng, a Shanghai-based hacker, and Sichuan Juxinhe Network Technology for their roles in significant cyberattacks on U.S. entities.
  • Yin Kecheng, linked to China's Ministry of State Security, was involved in the December breach of the U.S. Treasury, exploiting a vulnerability in BeyondTrust's remote access platform.
  • Sichuan Juxinhe Network Technology is accused of collaborating with the Salt Typhoon hacking group, which targeted U.S. telecom firms to access sensitive data, including communications of government officials.
  • The Salt Typhoon cyber espionage campaign is described as the largest breach of U.S. telecom systems, affecting major providers like AT&T and Verizon.
  • The U.S. State Department is offering up to $10 million for information on foreign government-backed hackers targeting critical U.S. infrastructure.
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