Financial Sanctions Against Salt Typhoon Hacking Group Behind Breach of Major US Telecoms


The US government has announced sanctions against a hacker group linked to Salt Typhoon. The biggest telecom hack in US history.

the Treasury Department's Office of Foreign Assets Control (OFAC); It was announced on Friday. A China-based cybersecurity company called Sichuan Juxinhe Network Technology has been sanctioned for its direct links to the Salt Typhoon hacking group.

The largest telecommunications hack in US history was recently uncovered after at least nine US telecom and internet service providers, including AT&T and Verizon, were infiltrated.

Hackers could also gain access to systems used by law enforcement agencies for court-authorized collection of customer information, such as the identities of Chinese targets of U.S. intelligence.

In its press release on Friday, OFAC said Sichuan Juxinhe was “directly involved in the exploitation of US telecommunications and Internet service providers.”

Treasury hackers are sanctioned.

US officials said OFAC imposed sanctions on Yin Kecheng, a Shanghai-based cyber actor. The US Treasury recently spread..

The hack, which took place in late December, saw hackers steal the private key from BeyondTrust, which provides identity access technology to large organizations and government departments.

The cyber attack allowed hackers to— Another Chinese government-backed group known as Silk Typhoon. – To target various departments within the US Treasury, including its sanctions office.

According to OFAC, Yin Kecheng has been a cyber actor for more than a decade and has ties to China's National Security and Defense Agency, which is responsible for the country's foreign intelligence collection.

US Treasury official Adewale O. Adeyemo said, “The American people; The Treasury Department will continue to use its authority to hold accountable malicious cyber actors who target the American people, including those who target companies and the U.S. government. Especially the finance department.”

Earlier this month, The US government has sanctioned yet another China-based cyber security company. It has alleged ties to a government-backed hacking group called Flax Typhoon. The Treasury Department said the firm Integrity Technology Group was involved in several computer intrusion incidents against American victims, including those targeting critical US infrastructure.



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