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US Treasury Department Admits It Got Hacked by China
In a shocking revelation, the United States Treasury Department has confirmed that it was breached by hackers, specifically attributing the attack to China’s Salt Typhoon group. This comes after the department initially refused to disclose any information about the incident.
The breach is particularly concerning given the sensitive nature of the data compromised. According to sources, the hackers gained access to a significant amount of information, including unclassified documents and potentially even financial data.
In response to the news, Anne Neuberger, deputy national security adviser for cyber and emerging technology, emphasized that the incident highlights a critical issue with private companies’ lack of basic cybersecurity practices. She stated, “We wouldn’t leave our homes, our offices, unlocked and yet our critical infrastructure—the private companies owning and operating our critical infrastructure—often do not have the basic cybersecurity practices in place that would make our infrastructure riskier, costlier, and harder for countries and criminals to attack.”
The Treasury Department has released a statement confirming the incident, but details remain scarce. Officials from the department, as well as other agencies like CISA and FBI, have declined to provide further information on the nature of the breach.
Industry experts have warned that this type of incident could have far-reaching consequences, including potential financial losses and damage to national security.
As the investigation into the incident continues, it is clear that there are major concerns about the cybersecurity practices of private companies handling critical infrastructure.
Source: http://www.wired.com
