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In a letter reviewed by 【 - Free Real-Time Stock Data 】, a Treasury official said it was informed by a third-party software service provider on December 8 that a threat actor used a stolen key to remotely access certain Treasury workstations and unclassified documents.

“Based on available indicators, the incident has been attributed to a Chinese state-sponsored Advanced Persistent Threat (APT) actor,” Aditi Hardikar, assistant secretary for management at the US Treasury, wrote in the letter.

what is causing the decline of sg mart limited (512329) ✌️【Non-Full-Time】✌️ Accurate stock market predictions with real-time stock indices, futures data, and global market trend analysis. Achieve stable growth and avoid losses by staying ahead with our expert recommendations. A Treasury spokesperson said in a statement to 【 - Free Real-Time Stock Data 】 that the compromised service has been taken offline and officials are working with law enforcement and the Cybersecurity and Infrastructure Security Agency (CISA).

“There is no evidence indicating the threat actor has continued access to Treasury systems or information,” the Treasury spokesperson said.

what is causing the decline of sg mart limited (512329) ✌️【Non-Full-Time】✌️ Professional stock market analysis, real-time data, and expert recommendations for high-potential stocks. Take advantage of market opportunities and improve your capital growth with strategic investment plans. Treasury officials plan to hold a classified briefing about the breach next week with staffers from the House Financial Services Committee, a senior committee staffer told 【 - Free Real-Time Stock Data 】. The exact timing of the briefing has not been scheduled yet.

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“We have repeatedly stated our position on such groundless accusations lacking evidence. China has always opposed all forms of cyberattacks, and we are even more opposed to spreading false information about China for political purposes,” said Mao Ning, a spokesperson for the foreign ministry.

what is causing the decline of sg mart limited (512329) ✌️【Non-Full-Time】✌️ Expert market analysis and predictions for India, US, and European stocks. Stay updated with real-time data on stock indices, futures, and commodities to help you make informed, timely investment decisions. According to the letter to Senate Banking Committee leadership, the third-party software service provider, BeyondTrust, said hackers gained access to a key used by the vendor to secure a cloud-based service that Treasury uses for technical support.

“With access to the stolen key, the threat actor was able to override the service’s security, remotely access certain Treasury [Departmental Office] user workstations, and access certain unclassified documents maintained by those users,” the Treasury letter said.

BeyondTrust said it identified a security incident that took place on December 2 involving its Remote Support product and notified the “limited number” of customers involved after the company confirmed on December 5 that it had confirmed “anomalous behavior” in the product.

Itposted informationregarding the incident on its website on December 8, and it has been updating its progress in investigating the cause and mitigating future threats. The company said it suspended and quarantined the impacted instances of the product and hired an outside cybersecurity team to investigate.

“No other BeyondTrust products were involved,” a Beyond Trust spokesperson said. “Law enforcement was notified and BeyondTrust has been supporting the investigative efforts.”

It’s not clear exactly how many workstations were infiltrated. However, the Treasury spokesperson said in the statement that “several” Treasury user workstations were accessed.

Hardikar said in the letter that based on Treasury policy, intrusions attributed to advanced persistent threat actors are considered a “major cybersecurity incident.” Treasury officials are required to provide an update in a 30-day supplemental report.

Hardikar wrote in the letter that, in an effort to “fully characterize the incident and determine its overall impact,” Treasury has been working with CISA, the FBI, US intelligence agencies and third-party forensic investigators.

“CISA was engaged immediately upon Treasury’s knowledge of the attack, and the remaining governing bodies were contacted as soon as the scope of the attack became evident,” the letter said.

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