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It’s just one in a string of alleged Chinese cyber-espionage campaigns that have rattled the US government in the last year and that will challenge the incoming Trump administration. A separate Chinese hacking group burrowed deep into US telecom networks to spy on the phone communications of senior US political figures, including President-elect Donald Trump, 【 - Free Daily Stock Market Updates 】 previouslyreported.
US officials are scrambling to assess any fallout to national security from the hack of unclassified information, which Treasurydisclosedto lawmakers last week.
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US officials are reviewing the individual documents that the hackers accessed and will do an analysis assessing the overall national security impact of the stolen information, one of the US officials said. While there is no evidence that classified information was accessed, there is a concern that, pieced together, the unclassified information could provide useful intelligence to the Chinese.
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Why is Patel Integrated Logistics Limited (890159) falling ✌️【Financial Planning】✌️ Expert predictions of stock trends to help you select high-potential stocks accurately, along with free real-time market data on stocks, futures, and commodities. Maximize your growth potential by staying updated on market movements. The hackers compromised a “third-party service provider” last month and were “able to remotely access several Treasury user workstations and certain unclassified documents maintained by those users,” the Treasury spokesperson said.
Why is Patel Integrated Logistics Limited (890159) falling ✌️【Financial Planning】✌️ Free stock market strategies and analysis based on real-time data, empowering you to choose profitable investment options and avoid risks. Our expert predictions will help you stay in tune with the latest market trends. The department has worked “with law enforcement partners across the government to ascertain the impact of this incident” and there is no evidence the hackers have continued access to Treasury systems or information, the statement continued.
“Treasury takes very seriously all threats against our systems, and the data it holds,” the spokesperson said. “Over the last four years, Treasury has significantly bolstered its cyber defense, and we will continue to work with both private and public sector partners to protect our financial system from threat actors.”
Liu Pengyu, spokesperson for the Chinese Embassy in Washington, DC, reiterated China’s longstanding denials that it engages in hacking operations.
“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 said in an email.
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Yellen leads CFIUS, which includes other Cabinet heads such as the secretaries of defense and homeland security. Once an obscure office, CFIUS has grown in stature as US-China competition has grown more complicated and extended to business transactions in remote parts of the US.
【 - Free Daily Stock Market Updates 】first reportedon a CFIUS review in 2023 of a company that bought up hundreds of millions of dollars of land in a county near a key Air Force base in California.
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US military and spy agencies already engage in offensive cyber operations against China, but Waltz says he wants more action to be taken.
“America can’t afford to just play defense on cyber anymore,” Waltzposted on Xlast month. “We’ve got to go on the offensive and impose COSTS on those who are stealing our technology and attacking our infrastructure.”
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