Would you like to receive notifications on latest updates of the following headlines?

China hacks U.S. finance ministry in major cyberattack

POSTED ON December 31, 2024 •   Breaking News      BY Abiodun Saheed Omodara
U.S. Treasury Department l Credit: U.S. TD

U.S. authorities have confirmed that a Chinese state-sponsored hacker breached the U.S. Treasury Department, accessing government employees’ workstations and unclassified documents.

President Joe Biden’s administration confirmed this development on Monday, according to the New York Times.

In a letter from the Treasury Department to lawmakers, the incident was flagged on December 8 by BeyondTrust, a third-party software service provider. The hacker had obtained a security key that enabled remote access to certain treasury workstations and the documents stored on them.

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

The U.S. Treasury Department is working with the FBI, intelligence agencies, and other investigators to assess the impact of the breach, while the compromised service has since been deactivated, and there is no evidence suggesting that the Chinese actor still has access to treasury information.

This comes from a major cyberattack following previous revelations of China’s penetration into U.S. telecommunications where it gained access to the phone conversations and text messages of U.S. officials.

Chinese officials have consistently denied any government involvement in hacking and have engaged in talks with the U.S. to address cybersecurity concerns, according to The Times.

Related Reading 

Website-hack-nbs-budgets-n35m-for-cybersecurity-training

 

 

 

READ ALSO
FG signals tough stance on underdeveloped Oilfields, calls for strategic IOC investments
BY Abiodun Saheed Omodara April 2, 2025 0

The Federal Government expressed its worries on Tuesday about the growing number of idle and underde...

READ ALSO
Fuel prices expect to fall below N750 by Year-End - NIPSS
BY Abiodun Saheed Omodara April 2, 2025 0

The National Institute for Policy and Strategic Studies (NIPSS) has said that with Dangote Refinery...

READ ALSO
CPPE raises concerns over proposed ban on solar panel imports amid Nigeria's energy crisis
BY Abiodun Saheed Omodara April 2, 2025 0

The Centre for the Promotion of Private Enterprise (CPPE) has raised alarms regarding the government...

READ ALSO
FG highlights need for data sharing, collaboration to tackle border crimes
BY Abiodun Saheed Omodara April 1, 2025 0

Nigeria has called for cooperation with Sahel and West African nations regarding information and dat...

READ ALSO
Fuel price crisis looms as Naira-for-Crude arrangement remains unresolved
BY Abiodun Saheed Omodara March 31, 2025 0

There is growing concern in the downstream segment of the oil and gas industry as operators anticipa...

READ ALSO
HEDA seeks Judicial declaration against Shell's Oil license transfer amidst legal concerns
BY Abiodun Saheed Omodara March 31, 2025 0

LAGOS, Nigeria - The Incorporated Trustees of the Human Environmental Development Agenda (HEDA Resou...

READ ALSO
Nigeria, Canada forge new Aviation ties with bilateral Air services agreement
BY Abiodun Saheed Omodara March 26, 2025 0

ABUJA, Nigeria - In a notable achievement for the aviation sector, the Minister of Aviation and Aero...

READ ALSO
Collaboration for Transparency: BPP, ICPC sign MOU to combat procurement fraud
BY Abiodun Saheed Omodara March 26, 2025 0

The Director-General of the Bureau of Public Procurement, Dr. Adebowale  Adedokun, has und...

OUR CHANNELS:

OpenAI valuation hits $300 billion after SoftBank-led fund
BY Abiodun Saheed Omodara April 2, 2025 0

The Japanese telecommunications company, alongside a group of investors, has recently announced yet...


Fuel prices expect to fall below N750 by Year-End - NIPSS
BY Abiodun Saheed Omodara April 2, 2025 0

The National Institute for Policy and Strategic Studies (NIPSS) has said that with Dangote Refinery...


Nigeria imposes N20m fine, 10-Year Jail Term for Ponzi scheme offenders
BY Abiodun Saheed Omodara April 2, 2025 0

The Securities and Exchange Commission (SEC) has stated that promoters and operators of Ponzi scheme...


South Korea launches second phase of educational initiative in Ekiti smart school
BY Abiodun Saheed Omodara April 2, 2025 0

EKITI, Nigeria - The South Korean government is poised to initiate the second phase of its education...


NFF denies resignation rumors surrounding Super Eagles coach
BY Abiodun Saheed Omodara April 3, 2025 0

The Nigeria Football Federation (NFF) has refuted claims that Super Eagles coach Eric Chelle is cons...


CPPE raises concerns over proposed ban on solar panel imports amid Nigeria's energy crisis
BY Abiodun Saheed Omodara April 2, 2025 0

The Centre for the Promotion of Private Enterprise (CPPE) has raised alarms regarding the government...


Kano praises Emir Sanusi II’s leadership qualities in reinstatement ceremony
BY Abiodun Saheed Omodara April 3, 2025 0

KANO, Nigeria - Governor Abba Kabir Yusuf has stated that his government reinstated Khalifa Muhammad...


CBN's strategic policies lead to significant increase in Nigeria's Net FX reserves
BY Abiodun Saheed Omodara April 3, 2025 0

Nigeria's net foreign exchange reserves (NFER) stood at $23.11 billion at the conclusion of the prev...


Adeyeye urges capital punishment for drug traffickers amidst N1trn confiscation
BY Abiodun Saheed Omodara April 3, 2025 0

The ongoing fight against counterfeit and substandard medical products by the National Agency for Fo...


FG highlights need for data sharing, collaboration to tackle border crimes
BY Abiodun Saheed Omodara April 2, 2025 0

Nigeria has called for cooperation with Sahel and West African nations regarding information and dat...


More Articles

Load more...

Menu