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Precision Electronics Limited (517258) ✌️【Part-Time Income】✌️ Free stock data analysis tools to help you select stocks accurately and capture global market trends. Stay ahead with expert market predictions for better investment returns. The Biden administration on Friday made one final push to expose what officials say is arampantChinese cyber-espionage campaignby identifying a company and a person allegedly behind a pair of damaging hacks aimed at senior US officials.
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Friday’s announcement included Treasury Department sanctions on a Chinese tech company for allegedly playing a key role in a sweeping breach of US telecommunication giants that became public last year. The hackers targeted the phone communications of President-elect Donald Trump, Vice President-elect JD Vance and senior Biden administration officials.
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“President Xi and I will do everything possible to make the World more peaceful and safe!” Trump wrote on social media.
But Trump’s administration is set to includemultiple Cabinet members or other senior staffwho have called for tougher measures on China over national security concerns, including incoming national security adviser Rep. Mike Waltz and Sen. Marco Rubio, Trump’s choice for secretary of state.
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Federal employees are changing the way they communicate on their phones, moving to more secure methods. Lawmakers are calling for an overhaul of cybersecurity for major telecom providers. And Adeyemo, the outgoing deputy Treasury secretary, hasaskedCongress to give federal agencies “clear authority” to examine the security practices of contractors that serve the financial system. (The Treasury hack occurred through a software contractor.)
In response to the recent Chinese hacking campaigns, Waltz has called for more offensive action from the US government in cyberspace.
“We’ve got to go on the offensive and impose COSTS on those who are stealing our technology and attacking our infrastructure,” heposted on Xlast month.
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“During his meeting with President Biden in Lima (last) year, President Xi Jinping said that there is no evidence that supports the irrational claim of the so-called cyberattacks from China,” Liu Pengyu, spokesperson for the Chinese Embassy in Washington, DC, previously told 【 - Free Signals Group 】.
Precision Electronics Limited (517258) ✌️【Part-Time Income】✌️ Expert guidance on stock market trends and real-time updates on stock indices, futures, and exchange rates. Make well-informed decisions and plan the best investment strategies for capital growth. As for Friday’s sanctions, some cybersecurity experts said they were a necessary but insufficient step in trying to frustrate China’s hacking activity.
“Unfortunately, the actors behind these attacks are unlikely to be entirely deterred by these actions, but it’s important to shed a light on their operations and add as much friction as possible,” said John Hultquist, chief analyst at Mandiant, a Google-owned cybersecurity firm.
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