this post was submitted on 30 Dec 2024
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Global News

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The US Treasury Department said Monday that a China state-sponsored actor was behind a cyber breach resulting in access to some of its workstations, according to a letter to Congress seen by AFP.

The incident happened earlier this month, when the actor compromised a third-party cybersecurity service provider and was able to remotely access the Treasury workstations and some unclassified documents, a Treasury spokesperson added. Treasury contacted the US Cybersecurity and Infrastructure Security Agency after it was alerted of the situation by its provider BeyondTrust, and has been working with law enforcement partners to ascertain the impact.

"The compromised BeyondTrust service has been taken offline and there is no evidence indicating the threat actor has continued access to Treasury systems or information," the department's spokesperson said.

In its letter to the leadership of the Senate Banking Committee, the Treasury said: "Based on available indicators, the incident has been attributed to a China state-sponsored Advanced Persistent Threat (APT) actor."

An APT refers to a cyberattack where an intruder establishes and maintains unauthorized access to a target, remaining undetected for a sustained period of time. The department did not provide further details on what was affected by the breach, but said more information would be released in a supplemental report at a later date.

"Treasury takes very seriously all threats against our systems, and the data it holds," the Treasury spokesperson added.

The official said that the department would continue working to protect the US financial system from threats.

Several countries, notably the United States, have voiced alarm in recent years at what they say is Chinese-government-backed hacking activity targeting their governments, militaries and businesses. Beijing rejects the allegations, and has previously said that it opposes and cracks down on all forms of cyberattacks.

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[–] [email protected] 4 points 3 months ago

Wonder how they determined the script kiddy was 'state sponsored ' I'm sure the evidence will be forthcoming