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Treasury sanctions North Korea over remote IT worker schemes: The North Korean office responsible for the scheme, Department 53, was created to funnel money back into the country’s weapons programs. The post Treasury sanctions North Korea over remote IT worker schemes appeared first on CyberScoop. #cyber #cybersecurity #informationsecurity #cyberjobs #cloud #socanalyst #management #Innovation

Treasury sanctions North Korea over remote IT worker schemes: The North Korean office responsible for the scheme, Department 53, was created to funnel money back into the country’s weapons programs. The post Treasury sanctions North Korea over remote IT worker schemes appeared first on CyberScoop. #cyber #cybersecurity #informationsecurity #Innovation #cyberjobs #socanalyst #management #cloud

Summary: Chinese hackers targeted the Office of Foreign Assets Control in a cyberattack on the U.S. Department of the Treasury, highlighting vulnerability concerns. Main Points: - The attack on the Office of Foreign Assets Control is attributed to a Chinese advanced persistent threat group. - This incident raises significant concerns about the security of sensitive U.S. government networks and data. - The breach is part of broader cyber operations aimed at gathering intelligence on U.S. sanctions policies. Takeaways: - Strengthening defenses against nation-state cyber threats is vital to protect critical government infrastructure. - Vigilance and proactive measures are necessary to mitigate the risks of targeted cyber intrusions. - National security relies on robust cybersecurity strategies to counteract sophisticated hacking efforts. #ChineseHackers #USGovernmentSecurity #cyberthreats #cybersecuritynews

🎯Chinese cyberspies targeted several offices, including ones dealing with foreign investments and sanctions, in the recent cyberattack aimed at the US Treasury Department, according to news reports. Little technical information has been made public regarding the Treasury hack while authorities are investigating the full extent of the breach. It was revealed in late December 2024 that hackers believed to be operating on behalf of the Chinese government accessed US Treasury systems in what was described as a major cybersecurity incident. 🔔 Stay connected for industry’s latest content – Follow Dr. Anil Lamba, CISSP #linkedin #teamamex #JPMorganChase #cybersecurity #technologycontrols #infosec #informationsecurity #GenAi #linkedintopvoices #cybersecurityawareness #innovation #techindustry #cyber #birminghamtech #cybersecurity #fintech #careerintech #handsworth #communitysupport #womenintech #technology #security #cloud #infosec #riskassessment #informationsecurity #auditmanagement #informationprotection #securityaudit #cyberrisks #cybersecurity #security #cloudsecurity #trends #grc #leadership #socialmedia #digitization #cyberrisk #education #Hacking #privacy #datasecurity #passwordmanagement #identitytheft #phishingemails #holidayseason #bankfraud #personalinformation #creditfraud

Cyber scoop Treasury hits Predator spyware makers with more sanctions: It’s another swipe at the Intellexa Consortium, a sprawling network of companies. The post Treasury hits Predator spyware makers with more sanctions appeared first on CyberScoop. Check it out!

South Korea sanctions 15 North Koreans for IT worker scams, financial hacking schemes: The individuals are allegedly working for North Korea’s 313th General Bureau, under the DPRK’s Ministry of Munitions Industry. The post South Korea sanctions 15 North Koreans for IT worker scams, financial hacking schemes appeared first on CyberScoop. #cyber #cybersecurity #informationsecurity #management #Innovation #cloudsecurity #socanalyst #Technology

🔒🔥 Breaking news alert for my fellow IT pros and cybersecurity champions! 🛡️💻 Chinese hackers have pulled off a daring data heist on the US Treasury Department, snagging intel from the Office of Foreign Assets Control (OFAC) responsible for slapping sanctions left and right! 😱🕵️♂️ 🔍 What's the tea, you ask? Here's the scoop: - 🚨 Chinese cyber agents breached Uncle Sam's Treasury Department's systems. - 🕵️♀️ The sneaky spies targeted the OFAC, the big boss of sanctions enforcements. - 📁 Data-nabbing mission? To steal classified info on who's been naughty (and sanctioned) in town. 🚀 Hold onto your firewalls, amigos - this breach is like a gunshot in the dark alley of cybersecurity! 💥🌌 What does this signal for our cybersecurity soap opera? Here's my top takeaways and predictions straight from the cyber crystal ball: 🔮 The Great Game of Cat and Mouse: - 🧐 Expect a cyber chess match as nations up their hacking ante. - 🛡️ Cyber defenses will need a cape and superhero soundtrack to stay ahead. 🕵️♂️ Spy vs. Spy Showdown: - 🔎 Eyes on China's cyber stealth - they're spinning a web of data intrigue. - 🦸♂️ Are our cybersecurity superheroes ready to rumble? Stay tuned! 💡 Takeaways for the Tech Titans: - 🤖 IT teams, brace for impact – cyber crooks are getting bolder. - 🤯 Has the time come for an IT security revolution? Let's roll up those sleeves! 🗣️ Your two cents matter, tech whizzes! Pop your thoughts and predictions in the comments below. Let's crack this cyber case wide open! 🔒🔍💬 #ainews #automatorsolutions #CyberSecurityChronicles #DataBreachDrama 🎭🌩️ #CyberSecurityAINews ----- Original Publish Date: 2025-01-02 15:32

US Sanctions Chinese Firm, Hacker Behind Telecom and Treasury Hacks: The U.S. Department of the Treasury's OFAC has sanctioned Yin Kecheng and Sichuan Juxinhe Network Technology Co. for their roles in a recent Treasury breach and espionage operations targeting U.S. telecommunications. BleepingComputer reports: "Yin Kecheng has been a cyber actor for over a decade and is affiliated with the People's Republic of China Ministry of State Security (MSS)," reads the Treasury's announcement. "Yin Kecheng was associated with the recent compromise of the Department of the Treasury's Departmental Offices network," says the agency. OFAC also announced sanctions against Sichuan Juxinhe Network Technology Co., a Chinese cybersecurity firm believed to be directly involved with the Salt Typhoon state hacker group. Salt Typhoon was recently linked to several breaches on major U.S. telecommunications and internet service providers to spy on confidential communications of high-profile targets. "Sichuan Juxinhe Network Technology Co., LTD. (Sichuan Juxinhe) had direct involvement in the exploitation of these U.S. telecommunication and internet service provider companies," the U.S. Treasury explains, adding that "the MSS has maintained strong ties with multiple computer network exploitation companies, including Sichuan Juxinhe." [...] The sanctions imposed on Kecheng and the Chinese cybersecurity firm under Executive Order (E.O.) 13694 block all property and financial assets located in the United States or are in the possession of U.S. entities, including banks, businesses, and individuals. Additionally, U.S. entities are prohibited from conducting any transactions with the sanctioned entities without OFAC's explicit authorization. It's worth noting that these sanctions come after OFAC sanctioned Beijing-based cybersecurity company Integrity Tech for its involvement in cyberattacks attributed to the Chinese state-sponsored Flax Typhoon hacking group. U.S. Treasury's announcement reiterates that the U.S. Department of State offers, through its Rewards for Justice program, up to $10,000,000 for information leading to uncovering the identity of hackers who have targeted the U.S. government or critical infrastructure in the country. Read more of this story at Slashdot.

U.S. Sanctions Chinese Cybersecurity Firm Over Treasury Hack Tied to Silk Typhoon The U.S. Treasury Department's Office of Foreign Assets Control (OFAC) has imposed sanctions against a Chinese cybersecurity company and a Shanghai-based cyber actor for their alleged links to the Salt Typhoon group and the recent compromise of the federal agency. "People's Republic of China-linked (PRC) malicious cyber actors continue to target U.S. government systems, including the recent targeting of Treasury's information technology (IT) systems, as well as sensitive U.S. critical infrastructure," the Treasury said in a press release. The sanctions target Yin Kecheng, who is assessed to have been a cyber actor for over a decade and affiliated with China's Ministry of State Security (MSS). Kecheng, per the Treasury, was associated with the breach of its own network that came to light earlier this month. The incident involved a hack of BeyondTrust's systems that allowed the threat actors to infiltrate some of the company's Remote Support SaaS instances by making use of a compromised Remote Support SaaS API key. The activity has been attributed to a nation-state group named Silk Typhoon (formerly Hafnium), which was linked to the then zero-day exploitation of multiple security flaws (aka ProxyLogon) in Microsoft Exchange Server in early 2021. Stay Connected to Nishan Singh, CISA, MBA for latest cyber security information. #EXL #Exlservice #linkedin #cybersecurity #technologycontrols #infosec #informationsecurity #GenAi #linkedintopvoices #cybersecurityawareness #innovation #techindustry #VulnerabilityAssessment #ApplicationSecurity #SecureCoding #cyber #communitysupport #womenintech #technology #security #cloud #infosec #riskassessment #informationsecurity #auditmanagement #informationprotection #securityaudit #cyberrisks #cloudsecurity #trends #grc #leadership #socialmedia #digitization #education #Hacking #privacy #datasecurity #passwordmanagement #identitytheft #phishingemails #holidayseason #bankfraud #personalinformation #creditfraud

U.S. Sanctions Beijing Firm Behind Major ‘Salt Typhoon’ Telecom Hacks 🌐 The U.S. Treasury Department has taken a significant step in the fight against cybercrime by sanctioning Sichuan Juxinhe Network Technology Co., a Chinese cybersecurity firm linked to the Salt Typhoon hacking group responsible for infiltrating at least nine U.S. telecom and internet service providers, including AT&T and Verizon, to access sensitive communications of high-profile targets2. This action underscores the importance of robust Anti-Money Laundering (AML) and Sanctions measures in safeguarding our critical infrastructure. By targeting the financial networks that enable these cyber operations, we can disrupt the economic engines driving state-sponsored cyber espionage. How is your organization adapting its AML and sanctions compliance programs to address the rise of cyber-enabled financial crime? #Cybersecurity #AML #Sanctions #NationalSecurity