Chinese Accused of Hacking US Treasury Dept. Computers

December 31, 2024 by Tom Ramstack
Chinese Accused of Hacking US Treasury Dept. Computers
U.S. Treasury Department. (Photo by Dan McCue)

WASHINGTON — A Chinese intelligence agency recently hacked the workstations and unclassified documents of the U.S. Treasury Department, the Biden administration announced Monday.

The hack attack is one of several Chinese-sponsored incidents the U.S. Cybersecurity and Infrastructure Security Agency says have compromised the data privacy of government officials, telecommunications companies and ordinary citizens in the past few months.

A Treasury Department report to Congress this month says the hackers obtained access to a security key that gave them remote access to Treasury Department computers.

The Treasury Department said software service company BeyondTrust notified government officials about the computer breach.

“Based on available indicators, the incident has been attributed to a China state-sponsored Advanced Persistent Threat actor,” a Treasury Department letter to Congress said. “In accordance with Treasury policy, intrusions attributable to an APT are considered a major cybersecurity incident.”

The goal of the hackers appeared to be surveillance rather than an attempt to disrupt the computer systems.

The Treasury Department maintains data on international economic systems, including trade between the United States and China.

The department oversees sanctions against Chinese firms. The sanctions have been applied to Chinese military contractors and other Chinese firms that assist Russia in its war with Ukraine.

In previous attacks, Chinese espionage agents were accused of hacking email accounts of Commerce Secretary Gina Raimondo and phone conversations of President-elect Donald J. Trump, Vice President-elect JD Vance and national security officials.

CISA says China is expanding the hacking beyond government officials and agencies potentially to include any Americans who use the internet or cell phones.

The FBI warned last month that hackers associated with the Chinese government infiltrated major U.S. telecommunications companies as part of “a broad and significant cyber espionage campaign.” Customer call records were some of the information that was stolen.

The FBI has expressed concern that the greater risk is the Chinese could disrupt and perhaps shut down major infrastructure such as telecommunications and power systems.

The Chinese government hit back Tuesday by denying involvement in the cyberattacks.

“We have stated our position many times regarding such groundless accusations that lack evidence,” foreign ministry spokeswoman Mao Ning said at a press conference.

She added that China “has always opposed all forms of hacker attacks, and we are even more opposed to the spread of false information against China for political purposes.”

So far, top U.S. government officials are unconvinced by the Chinese denials. Both Republicans and Democrats have warned China to get the hackers under control.

Sen. Tim Scott, R-S.C., said the Senate Banking Committee is monitoring the hack attack against the Treasury Department.

Steve Yates, a former presidential deputy national security advisor, said he expected a more aggressive policy against Chinese cyberstalking during the upcoming Trump administration.

“That calculus has to change,” Yates said.

The alleged latest Chinese hack comes shortly before the Treasury Department implements new rules in January to limit U.S. investments in artificial intelligence and other technology that China could use to threaten national security.

In addition, the Supreme Court is scheduled to decide soon whether Chinese-owned social media company TikTok should be forced to sell its U.S. assets to avoid risks of unauthorized surveillance of Americans.

You can reach us at [email protected] and follow us on Facebook and Twitter

A+
a-

In The News

Health

Voting

Cybersecurity

June 24, 2025
by Tom Ramstack
US in ‘Heightened Threat Environment’ After Iranian Threat of Reprisal for Bombing

WASHINGTON — Tenuous international efforts to reinstate a ceasefire between Iran and Israel continued Tuesday but did nothing to eliminate... Read More

WASHINGTON — Tenuous international efforts to reinstate a ceasefire between Iran and Israel continued Tuesday but did nothing to eliminate the warnings of reprisal against the United States. The result is security alerts in Washington, D.C., and throughout the nation. The U.S. Department of Homeland Security... Read More

April 29, 2025
by Tom Ramstack
FBI Reports Sharp Increase in American Cybercrime Victims

WASHINGTON — The FBI’s new Internet Crime Report released last week shows Americans lost $16.6 billion to cybercrime in 2024... Read More

WASHINGTON — The FBI’s new Internet Crime Report released last week shows Americans lost $16.6 billion to cybercrime in 2024 despite an intensified government effort to stop it. The losses were up by one-third from a year earlier.  Fraud was the most common crime, particularly among... Read More

December 31, 2024
by Tom Ramstack
Chinese Accused of Hacking US Treasury Dept. Computers

WASHINGTON — A Chinese intelligence agency recently hacked the workstations and unclassified documents of the U.S. Treasury Department, the Biden... Read More

WASHINGTON — A Chinese intelligence agency recently hacked the workstations and unclassified documents of the U.S. Treasury Department, the Biden administration announced Monday. The hack attack is one of several Chinese-sponsored incidents the U.S. Cybersecurity and Infrastructure Security Agency says have compromised the data privacy of... Read More

The US and Microsoft Disrupt a Russian Hacking Group Targeting American Officials and Nonprofits

WASHINGTON (AP) — A hacking group tied to Russian intelligence tried to worm its way into the systems of dozens... Read More

WASHINGTON (AP) — A hacking group tied to Russian intelligence tried to worm its way into the systems of dozens of Western think tanks, journalists and former military and intelligence officials, Microsoft and U.S. authorities said Thursday. The group, known as Star Blizzard to cyberespionage experts,... Read More

Americans Reporting Nationwide Cellular Outages From AT&T, Cricket Wireless and Others

A number of Americans are dealing with cellular outages on AT&T, Cricket Wireless, Verizon, T-Mobile and other service providers, according... Read More

A number of Americans are dealing with cellular outages on AT&T, Cricket Wireless, Verizon, T-Mobile and other service providers, according to data from Downdetector. AT&T had more than 73,000 outages around 9:30 a.m. ET, in locations including Houston, Atlanta and Chicago. The outages began at approximately... Read More

States and Congress Wrestle With Cybersecurity at Water Utilities Amid Renewed Federal Warnings

HARRISBURG, Pa. (AP) — The tiny Aliquippa water authority in western Pennsylvania was perhaps the least-suspecting victim of an international... Read More

HARRISBURG, Pa. (AP) — The tiny Aliquippa water authority in western Pennsylvania was perhaps the least-suspecting victim of an international cyberattack. It had never had outside help in protecting its systems from a cyberattack, either at its existing plant that dates to the 1930s or the... Read More

News From The Well
scroll top