The hack into the Treasury Department, attributed to a state-sponsored Chinese APT actor, focused on information-gathering rather than sabotaging essential services, indicating the growing cybersecurity challenges faced.
The Biden administration reported that the breach was first detected on December 8, when a software firm alerted officials about a security key seizure that enabled remote access.
In response to the accusations, China firmly rejected the allegations, asserting that the claims were 'groundless' and emphasized its opposition to cyberattacks and disinformation campaigns.
The Treasury Department is actively engaged with the F.B.I., intelligence community, and private-sector experts to assess the incident and secure affected services, highlighting a collaborative approach to cybersecurity.
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