- Chinese cybersecurity company sanctioned by the US Treasury
- The company reportedly has ties to the Salt Typhoon hacking group
- Salt Typhoon is accused of carrying out a cyberattack against 9 telecommunications giants
A Chinese cybersecurity company has been sanctioned by the US Treasury Department’s Office of Foreign Assets Control (OFAC) for its alleged ties to the notorious Salt Typhoon hacking group.
Salt Typhoon is perhaps best known as the group that infiltrated the networks of nine major US telecommunications companies and Internet providers, including Verizon and AT&T, in the largest telecommunications hack in US history. -United.
“Sichuan Juxinhe Network Technology Co., LTD. (Sichuan Juxinhe) was directly involved in the operation of these American telecommunications and Internet service provider companies. The MSS (China’s Ministry of State Security) has close ties with several computer network operating companies, including Sichuan Juxinhe,” the Treasury said in a statement.
A major incursion
The Salt Typhoon hack saw state-sponsored actors target high-level government communications via a breach of third-party tech support platform BeyondTrust. Hackers reportedly hid in telecommunications networks for months before being eradicated.
“The Treasury Department will continue to use its authorities to hold accountable malicious cyber actors who target the American people, our businesses, and the United States government, including those who have specifically targeted the Treasury Department,” he said. said Deputy Treasury Secretary Adewale O. .Adeyemo.
Following this hack, the US Treasury was again hit by a new cyberattack targeting the Committee on Foreign Investment in the United States (CFIUS), the department responsible for reviewing foreign investments for security risks national.
In January 2025, the Treasury also sanctioned a Chinese cybersecurity company, Yongxin Zhicheng Technology Group, for its alleged ties to Flax Typhoon, the group responsible for hijacking legally required communications and broadband backdoors that enable security forces. American order to intercept communications.
