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US Treasury sanctions Chinese company over Salt Typhoon hack

  • The U.S. Department of the Treasury sanctioned Yin Kecheng for his role in the Treasury breach and a company linked to the Salt Typhoon hacking group.
  • Sichuan Juxinhe Network Technology was also sanctioned for its direct involvement in exploiting U.S. Telecommunications and internet service providers.
  • The cyberattack, which occurred in late December 2024, exploited a vulnerability in BeyondTrust to access sensitive Treasury networks.
  • The U.S. Treasury announced a reward of up to $10,000,000 for information on hackers targeting the U.S. Government or critical infrastructure.
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