CCP-affiliated hacker breaks into Treasury Department system in 'major incident'
Published On Dec 30, 2024, 4:01 PM
A hacker affiliated with the Chinese government successfully breached the U.S. Treasury Department, gaining access to its systems and documents. The incident was confirmed on December 8, and the Treasury Department is currently working with cybersecurity agencies to evaluate the impact. It appears that the intruder accessed sensitive workstations using a compromised security key, but subsequent precautions have been taken to secure the system. There is no current evidence suggesting that the hacker still has access to Treasury systems.
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The cyber breach of the U.S. Treasury Department raises concerns about national security and could prompt increased scrutiny and regulatory actions towards cybersecurity, particularly affecting technology and defense sectors. Companies involved in cybersecurity solutions may see a positive impact as organizations seek to bolster their defenses.
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