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US Treasury pressed for info on China hack

Jan 6, 2025, 3:54pm EST
politics
US Treasury Secretary Janet Yellen arrives for a bilateral meeting with Chinese Vice Premier He Lifeng in San Francisco in 2023.
Carlos Barria/Reuters
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The Scoop

A leading Congressional Democrat is demanding a briefing from the US Treasury Department about a cybersecurity breach that is said to have affected the agency’s sanctions office.

In a letter sent Monday and shared first with Semafor, Rep. Raja Krishnamoorthi, D-Ill., the top Democrat on the House select committee on China, raised concerns about the breach to Treasury Secretary Janet Yellen and asked for a meeting to discuss the situation by Jan. 15.

A Treasury official told Semafor that the agency has already offered briefings to Congress.

“Even unclassified information could reveal a great deal about forthcoming Treasury actions that utilize our nation’s economic toolkit,” Krishnamoorthi wrote in the letter. The national security implications of China-related breaches, he added, remain “devastating.”

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“It is imperative that Treasury redouble its efforts to protect its data and systems to prevent any future incidents,” he wrote.

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Know More

The Treasury disclosed the breach in a letter to Congress last month, saying that hackers sponsored by China gained access in December to the department’s systems through a third-party provider called BeyondTrust. The breach impacted the Treasury’s Office of Foreign Assets Control as well as the Office of the Treasury Secretary, The Washington Post reported.

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Notable

  • US officials have raised alarm about a separate China-related breach, this time impacting US telecommunications firms.
  • Cybersecurity officials advised politicians to avoid regular phone calls and text messages and to rely on only end-to-end encrypted communications in the wake of the telecom breach.
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