US sanctions Chinese company and individual over cyberattacks
Biden Administration Targets Chinese Cyber-Espionage
The Biden administration has taken steps to address what they describe as a widespread Chinese cyber-espionage operation. They have identified a Chinese tech company and an individual responsible for major hacks targeting senior US officials. The US Treasury Department has imposed sanctions on the company, which was involved in a cyberattack on US telecommunications, and on a person from Shanghai linked to a hack of the Treasury Department.
The hackers targeted phone communications of President-elect Donald Trump, Vice President-elect JD Vance, and senior Biden administration officials. They also accessed unclassified information from Treasury Secretary Janet Yellen and her deputy, Wally Adeyemo, as part of an intelligence-gathering mission. The breaches extended to a US government office that examines foreign investments for national security risks.
The Trump administration, with key figures like Rep. Mike Waltz and Sen. Marco Rubio, is set to continue addressing these national security concerns. Despite the sanctions, stopping Chinese cyber-attacks remains a long-term challenge.
Doubts Revealed
Biden Administration
The Biden Administration refers to the current government of the United States, led by President Joe Biden.
Cyber-Espionage
Cyber-Espionage is when someone uses computers and the internet to secretly gather information from other countries or companies without permission.
Sanctions
Sanctions are penalties or restrictions put on a country, company, or individual to make them change their behavior, often related to trade or financial activities.
US Treasury Department
The US Treasury Department is a part of the US government that manages money, including collecting taxes and paying bills.
Shanghai
Shanghai is a large and important city in China, known for its modern skyline and as a global financial hub.
President-elect Trump
President-elect Trump refers to Donald Trump when he was elected as the President of the United States but had not yet taken office.
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