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.