US Treasury Is Latest Victim of Most ‘Persistent’ Hacking Threat

US Treasury Department Falls Victim to Persistent Hacking Threat

The US Treasury has been hacked by Chinese state-sponsored actors, highlighting ongoing cybersecurity concerns.

Politics

US, China, Cybersecurity, Hacking, Treasury Department, Intelligence

Washington: So, the US Treasury just got hit by hackers, and guess who’s behind it? Yep, Chinese state-sponsored hackers. They managed to breach the Treasury’s network through a third-party provider and accessed some unclassified documents. Not cool, right?

Cybersecurity experts are saying this is a big deal. It’s a reminder of what US intelligence has been warning us about: China is a major cyber threat. While everyone talks about Russian hacks, the Chinese are quietly building their capabilities and are a long-term concern.

Chinese officials, of course, are denying all the allegations. They call the claims “unwarranted and groundless.” But US officials are getting more vocal about these threats and are promising to take action.

Just before the Treasury hack was revealed, a White House official mentioned that another telecom company was caught up in a spying campaign linked to China. Some big names like AT&T and Verizon have already admitted they were affected.

It gets even wilder. The hackers accessed communications from some high-profile folks, including Donald Trump and Kamala Harris’ campaign staff. And this isn’t the first time China’s been accused of hacking; they’ve been linked to breaches involving key government officials too.

One former Chinese diplomat thinks all this back-and-forth about hacking shows a serious lack of trust between the US and China. He believes both sides see each other as threats, but they’re not exactly in a full-blown cyber war yet.

Experts are divided on whether Chinese hacks are happening more often or if we’re just catching them more. But one thing’s for sure: China’s hacking skills have improved a lot over the years.

Remember when they stole personal data from millions of US government employees? Yeah, that was just the tip of the iceberg. They’ve also been accused of stealing intellectual property from various industries, and now they’re eyeing critical infrastructure.

With more hackers coming out of top cybersecurity schools in China, they’re ready to launch more attacks. It’s like they’ve upgraded from knocking on doors to sneaking in without anyone noticing.

Experts warn that sectors like finance and energy are going to keep feeling the heat from these attacks. China is looking to exploit vulnerabilities and plant malicious code for future use. It’s a serious game of cat and mouse.