U.S. Treasury | Breaking Cybersecurity News | The Hacker News

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...

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...