Mighty U.S cannot protect itself; Chinese hackers steal sensitive information from Treasury Department; here's what they accessed
ET Year-end Special Reads
The mother of all Indian IPOs: Is it coming in 2025?
10 big events India witnessed in 2024
Thriller or mystery? How India's economy can unfold in 2025
According to a letter sent to lawmakers, the hackers compromised a third-party cybersecurity service provider named BeyondTrust which allowed them to gain access to user workstations by exploiting a security key used for remote technical support, asserted Reuters.
According to Reuters, the breach was actually reported to the US Treasury Department this month following alerts from BeyondTrust about certain suspicious activity which was detected earlier in the month. The Treasury Department is collaborating pretty closely with the FBI and the Cybersecurity and Infrastructure Security Agency (CISA) to eventually assess the impact of the hack.
Several officials indicated that there is currently no evidence suggesting that the hackers maintain access to Treasury systems.
The foreign ministry of China denied any sort of involvement in the breach while labeling the accusations as unfounded. The incident actually underscores ongoing concerns about cybersecurity threats from China specifically following previous breaches attributed to Chinese hackers targeting US telecommunications, noted Reuters.
Artificial Intelligence(AI)
Java Programming with ChatGPT: Learn using Generative AI
By — Metla Sudha Sekhar, IT Specialist and Developer
Artificial Intelligence(AI)
Basics of Generative AI: Unveiling Tomorrows Innovations
By — Metla Sudha Sekhar, IT
