Tag: treasury department
US takes on Chinese hackers
A man alleged to be behind the recent Salt Typhoon US telecoms network and US Treasury department breaches has been sanctioned by the US Department of the Treasury’s Office of Foreign Assets Control (OFAC). Yin Kecheng “has been a cyber actor for over a decade and is affiliated with the People’s Republic of China Ministry of State Security (MSS)”, says the Treasury Office. Yin is alleged to have had direct and associated involvement in both breaches. Two key individuals in President Donald Trump’s new administration, Elon Musk, and the president’s nominee to head the Department of Homeland Security, Kristi Noem, have specifically cited the two devastating breaches as the prime examples of why the nation’s cybersecurity strategy is in pressingly urgent need of being overhauled.
US Sanctions 6 Iranian Officials for Cyber Espionage Attacks – February 5th
The US Treasury Department's Office of Foreign Assets Control (OFAC) announced sanctions placed on six Iranian officials behind cyberattacks on US critical infrastructure entities. The Treasury Department further stated all six officials have strong involvement in US critical infrastructure attacks using Israel-made programmable logic controllers and are suspected to span the water, healthcare, and public sectors.