Major Cyberattack on U.S. Treasury Department: What You Need to Know
Introduction: In early December 2024, the U.S. Treasury Department fell victim to a significant cyberattack attributed to Chinese state-sponsored hackers. This breach has raised concerns about the security of government systems and the potential implications for national security. How Did the Hack Occur? The attackers targeted BeyondTrust, a third-party cybersecurity provider that offers remote technical support to the Treasury. By obtaining a key used by BeyondTrust to secure its cloud-based service, the hackers bypassed security measures and accessed Treasury Department…
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