The Department of the Treasury has sanctioned a Chinese national and a cybersecurity company based in Sichuan, China, for taking part in the Salt Typhoon hacking campaign that has swept up data from at least nine U.S. telecommunications companies. The department’s Office of Foreign Assets Control (OFAC) named Yin Kecheng of Shanghai and the Sichuan…
Category: Treasury Department
Geopolitics, Global Security News, Government, North America, North Korea, North Korean IT workers, sanctions, Treasury Department
Treasury sanctions North Korea over remote IT worker schemes
The U.S. Treasury Department announced sanctions Thursday against two individuals and four entities allegedly involved in generating revenue for North Korea through illicit remote IT workforce operations, the latest salvo in ongoing efforts to disrupt financial streams that support Pyongyang’s weapons programs. The sanctions focus on efforts in which North Korea sent thousands of skilled…
Amazon Web Services (AWS), Asia Pacific, china, CISA, Congress, critical infrastructure, Cybersecurity and Infrastructure Security Agency, Cybersecurity and Infrastructure Security Agency (CISA), Foundation for Defense of Democracies, Global Security News, Google, Government, Jack Cable, Microsoft, Policy, regulation, Salt Typhoon, secure by design, telecommunications, Treasury Department, Volt Typhoon
A CISA secure-by-design guru makes the case for the future of the initiative
One of the chief architects of the Cybersecurity and Infrastructure Security Agency campaign to get software developers to design their products with security in mind said he believes it could be one of the best tools the Trump administration has to counter China. Jack Cable, who is departing his role as senior technical adviser Thursday,…
Asia Pacific, china espionage, Cloud Security, Cybersecurity, Data Security, Featured, Flax Typhoon botnet, Global Security News, Identity & Access, Incident Response, Industry Spotlight, Network Security, News, Security Boulevard (Original), Social - Facebook, Social - LinkedIn, Social - X, Spotlight, Threat Intelligence, Threats & Breaches, Treasury Department, U.S Sanctions, Volt Typhoon
China’s Salt Typhoon Attacks Guam entity; US Sanctions Chinese Company
China is continuing to target U.S. entities in its efforts regarding Taiwan, including using state-sponsored Flax Typhoon to compromise Guam infrastructure. U.S. are pushing back, with the Treasury Department sanctioning a Chinse cybersecurity firm accused of aiding in some of the attacks. The post China’s Salt Typhoon Attacks Guam entity; US Sanctions Chinese Company appeared…
Asia Pacific, china, Christopher Wray, Department of Treasury, fbi, Federal Bureau of Investigation (FBI), Financial, Flax Typhoon, Geopolitics, Global Security News, Integrity Technology Group, internet of things, Internet of Things (IoT), State Department, Technology, Treasury Department
U.S. sanctions take aim at Chinese company said to aid hackers’ massive botnet
The U.S. government on Friday sanctioned a Chinese company that Western nations had connected to a Beijing-sponsored hacking group’s botnet, which had compromised hundreds of thousands of devices before a joint takedown operation last year. Flax Typhoon hackers made use of infrastructure at Integrity Technology Group to exploit victims, according to the Treasury Department’s Office…
APT, Asia Pacific, china, Global Security News, Government, Treasury Department
Treasury workstations hacked by China-linked threat actors
The Department of Treasury was notified earlier this month that several of its workstations were hacked by a group believed to be linked to China, the department confirmed to CyberScoop. According to a letter sent Monday to leaders on the Senate Committee on Banking, Housing and Urban Affairs and obtained by CyberScoop, the compromises occurred…
business email compromise (BEC), Cybercrime, Department of Justice (DOJ), Global Security News, North America, Treasury Department
Notorious Nigerian cybercriminal tied to BEC scams extradited to U.S.
Abiola Kayode, a 37-year-old Nigerian national, has been extradited from Ghana to the United States to face charges of conspiracy to commit wire fraud. Kayode, who was on the FBI’s Most Wanted cybercriminal list, is charged with participating in a business email compromise (BEC) scheme and romance fraud from January 2015 to September 2016, defrauding…