Beijing Denies Involvement in US Treasury Cyber-Attack

Beijing Denies Involvement in US Treasury Cyber-Attack

Cybercrime: Beijing Denies Involvement in US Treasury Cyber-Attack

"A cyber-attack that shook the US Treasury!"

The Accusation
Beijing has hit back at accusations that a China state-sponsored actor was behind a cyber breach at the US treasury department, calling the claims "groundless".

The Breach
The breach was orchestrated via a third-party cybersecurity service provider. Hackers gained access to a key used by the vendor to override certain parts of the system.

China's Response
China denied the claims, stating that Beijing "has always opposed all forms of hacker attacks" and opposes the spread of false information against China for political purposes.

US Treasury's Actions
The US Treasury contacted the US Cybersecurity and Infrastructure Security Agency and has been working with law enforcement to ascertain the impact.

Attribution
The incident has been attributed to a China state-sponsored advanced persistent threat (APT) actor. An APT refers to a cyber-attack where an intruder establishes and maintains unauthorized access to a target.

Previous Incidents
Several countries, notably the US, have voiced alarm at Chinese government-backed hacking activity targeting their governments, militaries, and businesses.

"Keep watching for the latest updates on this cyber controversy!"

Hashtags
#CyberAttack #USvsChina #CyberSecurity #Hacking #TechNews #CyberCrime #APT #USATreasury

Link
(https://www.theguardian.com/technology/2024/dec/31/beijing-denies-involvement-in-us-treasury-cyber-attack).