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Category — U.S. Treasury
U.S. Sanctions Chinese Cybersecurity Firm Over Treasury Hack Tied to Salt Typhoon

U.S. Sanctions Chinese Cybersecurity Firm Over Treasury Hack Tied to Salt Typhoon

Jan 18, 2025 Cyber Espionage / Telecom Security
The U.S. Treasury Department's Office of Foreign Assets Control (OFAC) has imposed sanctions against a Chinese cybersecurity company and a Shanghai-based cyber actor for their alleged links to the Salt Typhoon group and the recent compromise of the federal agency. "People's Republic of China-linked (PRC) malicious cyber actors continue to target U.S. government systems, including the recent targeting of Treasury's information technology (IT) systems, as well as sensitive U.S. critical infrastructure," the Treasury said in a press release. The sanctions target Yin Kecheng, who is assessed to have been a cyber actor for over a decade and affiliated with China's Ministry of State Security (MSS). Kecheng, per the Treasury, was associated with the breach of its own network that came to light earlier this month. The incident involved a hack of BeyondTrust's systems that allowed the threat actors to infiltrate some of the company's Remote Support SaaS inst...
Iranian and Russian Entities Sanctioned for Election Interference Using AI and Cyber Tactics

Iranian and Russian Entities Sanctioned for Election Interference Using AI and Cyber Tactics

Jan 01, 2025 Generative AI / Election Interference
The U.S. Treasury Department's Office of Foreign Assets Control (OFAC) on Tuesday leveled sanctions against two entities in Iran and Russia for their attempts to interfere with the November 2024 presidential election. The federal agency said the entities – a subordinate organization of Iran's Islamic Revolutionary Guard Corps and a Moscow-based affiliate of Russia's Main Intelligence Directorate (GRU) – sought to influence the electoral outcome and divide the American people through targeted disinformation campaigns. "As affiliates of the IRGC and GRU, these actors aimed to stoke socio-political tensions and influence the U.S. electorate during the 2024 U.S. election," it noted in a press release. In August 2024, the Office of the Director of National Intelligence (ODNI), the Federal Bureau of Investigation (FBI), and the Cybersecurity and Infrastructure Security Agency (CISA) jointly accused Iran of attempting to undermine democratic processes, including b...
Protecting Your Software Supply Chain: Assessing the Risks Before Deployment

Protecting Your Software Supply Chain: Assessing the Risks Before Deployment

Feb 11, 2025Software Security / Threat Intelligence
Imagine you're considering a new car for your family. Before making a purchase, you evaluate its safety ratings, fuel efficiency, and reliability. You might even take it for a test drive to ensure it meets your needs. The same approach should be applied to software and hardware products before integrating them into an organization's environment. Just as you wouldn't buy a car without knowing its safety features, you shouldn't deploy software without understanding the risks it introduces. The Rising Threat of Supply Chain Attacks Cybercriminals have recognized that instead of attacking an organization head-on, they can infiltrate through the software supply chain—like slipping counterfeit parts into an assembly line. According to the 2024 Sonatype State of the Software Supply Chain report , attackers are infiltrating open-source ecosystems at an alarming rate, with over 512,847 malicious packages detected last year alone—a 156% increase from the previous year. Traditional sec...
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