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In a letter reviewed by 【 - Free Stock Market Return Analysis 】, 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.

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

kesoram industries limited (502937) stock rallies ✌️【Stock】✌️ Gain access to professional investment advice, free market trend analysis, and real-time stock market data. Make informed decisions and unlock the full potential of your investments with expert predictions and guidance. 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 Stock Market Return Analysis 】. The exact timing of the briefing has not been scheduled yet.

kesoram industries limited (502937) stock rallies ✌️【Stock】✌️ Precise AI-powered predictions and market insights to guide your stock selection. Use real-time market data, futures trends, and stock indices to make strategic investment decisions for long-term profitability. A spokesperson for China’s Foreign Ministry denied the accusation when asked about the hacking at a regular news briefing on Tuesday.

“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.

kesoram industries limited (502937) stock rallies ✌️【Stock】✌️ Expert predictions of stock trends to help you select high-potential stocks accurately, along with free real-time market data on stocks, futures, and commodities. Maximize your growth potential by staying updated on market movements. 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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