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		<title>US Treasury Hacked? Call for Explanation on Cyber Breach!</title>
		<link>https://coinengineer.net/blog/us-treasury-hacked-call-for-explanation-on-cyber-breach/</link>
					<comments>https://coinengineer.net/blog/us-treasury-hacked-call-for-explanation-on-cyber-breach/#respond</comments>
		
		<dc:creator><![CDATA[Yigit Taha OZTURK]]></dc:creator>
		<pubDate>Fri, 03 Jan 2025 13:14:08 +0000</pubDate>
				<category><![CDATA[Economy News]]></category>
		<category><![CDATA[EN]]></category>
		<category><![CDATA[News]]></category>
		<category><![CDATA[apt]]></category>
		<category><![CDATA[china]]></category>
		<category><![CDATA[China-backed hacker]]></category>
		<category><![CDATA[cyber breach]]></category>
		<category><![CDATA[Federal Information Security Modernization Act]]></category>
		<category><![CDATA[french hill]]></category>
		<category><![CDATA[hacker group]]></category>
		<category><![CDATA[Janet Yellen]]></category>
		<category><![CDATA[Tim Scott]]></category>
		<category><![CDATA[treasury]]></category>
		<guid isPermaLink="false">https://coinengineer.net/blog/?p=34399</guid>

					<description><![CDATA[<p>A China-backed hacker group breached computers of employees at the US Treasury Department, prompting two US Republican members to demand a detailed report on the incident. Senator Tim Scott and Representative French Hill wrote to Treasury Secretary Janet Yellen on December 31st, requesting a comprehensive congressional briefing on the cyberattack. They asked for this briefing</p>
<p>The post <a href="https://coinengineer.net/blog/us-treasury-hacked-call-for-explanation-on-cyber-breach/">US Treasury Hacked? Call for Explanation on Cyber Breach!</a> appeared first on <a href="https://coinengineer.net/blog">Coin Engineer</a>.</p>
]]></description>
										<content:encoded><![CDATA[<p>A <strong>China-backed hacker group</strong> breached computers of employees at the US <strong>Treasury Department</strong>, prompting two US Republican members to demand a detailed report on the incident.</p>
<p><strong>Senator Tim Scott</strong> and <strong>Representative French Hill</strong> wrote to Treasury Secretary <strong>Janet Yellen</strong> on December 31st, requesting a comprehensive <strong>congressional briefing</strong> on the cyberattack. They asked for this briefing to be delivered by <strong>January 10th</strong>.</p>
<h2>Details of the Request</h2>
<p>Scott and Hill expressed concerns over the contents of the information accessed by the hackers, how the attack occurred, and what measures the Treasury is taking to prevent similar incidents in the future. They stated:</p>
<p><em>&#8220;This breach of federal government information is extremely concerning.&#8221;</em></p>
<hr />
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<hr />
<p><em>&#8220;<strong>Treasury Department</strong> holds highly sensitive information, such as <strong>taxpayer</strong> data, business ownership details, and <strong>suspicious transaction reports</strong>. Protecting this data from <strong>foreign adversaries</strong> who wish to harm the United States should be a top priority.&#8221;</em></p>
<p>It was emphasized that the breach by a <strong>China Communist Party (CCP)</strong>-supported <strong>advanced persistent threat (APT)</strong> actor into Treasury’s information systems was unacceptable and raised serious questions about federal government protocols for protecting sensitive information.</p>
<h2>First Treasury Department Statement</h2>
<p>On <strong>December 2, 2024</strong>, it was reported that the threat actors accessed <strong>non-classified</strong> documents on Treasury employees&#8217; computers.</p>
<p>Treasury officials confirmed that the attack was carried out by a <strong>China state-backed APT actor</strong>, and further details will be provided in an additional report under the <strong>Federal Information Security Modernization Act</strong> within 30 days.</p>
<p><strong>China</strong> denied the attack, with a statement to Reuters: <em>&#8220;We absolutely reject the baseless attacks by the US targeting China.&#8221;</em></p>
<hr />
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<p>The post <a href="https://coinengineer.net/blog/us-treasury-hacked-call-for-explanation-on-cyber-breach/">US Treasury Hacked? Call for Explanation on Cyber Breach!</a> appeared first on <a href="https://coinengineer.net/blog">Coin Engineer</a>.</p>
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