The Treasury Department has announced sanctions in response to a large-scale Chinese cyberattack targeting American telecommunications companies and breaching its own computer network. These sanctions target Yin Kecheng, a Shanghai-based hacker linked to China’s Ministry of State Security, and Sichuan Juxinhe Network Technology Co. LTD, a cybersecurity company tied to the hacking group Salt Typhoon, responsible for compromising U.S. telecommunications networks. The breach exposed private texts and phone conversations, including those of senior government officials and prominent political figures. The sanctions prohibit both the individual and the company from conducting business in the U.S., following a broader crackdown on Chinese cybersecurity firms involved in hacking critical U.S. infrastructure. Despite these actions, the Chinese government has denied involvement, and details about the Treasury Department breach remain limited. Continue here.
