Must-See 20 Second Trading Demo

Larry Benedict's hedge fund went 20 years without a single losing year and was ranked in the top 1% in the entire world by Barron's.

China-Linked Hackers Breach US Department Of Treasury

Benzinga News-desk
December 30, 2024

The U.S. Treasury Department announced on Monday it was targeted by a Chinese state-sponsored hacking group that gained unauthorized access to government workstations and unclassified documents. This revelation, detailed in a letter reviewed by The Washington Post, highlights significant vulnerabilities in federal cybersecurity infrastructure.

The breach was discovered on Dec. 8, when BeyondTrust, a third-party software provider, notified the department that a hacker had exploited a security key. This key enabled the intruder to bypass critical security protocols and infiltrate Treasury Department office workstations, gaining access to sensitive but unclassified documents stored on them. The Treasury Department subsequently classified the incident as a “major incident,” aligning with its policy of treating nation-state cyber intrusions as significant threats.

Treasury officials are working with law enforcement and the Cybersecurity and Infrastructure Security Agency (CISA), a Treasury spokesperson said in a statement to CNN, and that the compromised service has been taken offline.

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

See Also: Biden Administration Initiates Trade Probe On Chinese ‘Legacy’ Chips

The hack underscores escalating cyber threats from foreign actors, particularly China, which has been implicated in several high-profile cyber intrusions targeting U.S. government and private sector systems.

The breach also raises questions about the reliance on third-party software providers for critical operations and the adequacy of existing security protocols. Experts warn that such intrusions could potentially compromise sensitive government data and disrupt essential services, underscoring the need for robust cybersecurity strategies and increased investments in digital defense mechanisms.

This article was generated using artificial intelligence.

Read Next:
• GameStop’s Comeback, Trump’s Meme Stock Magic: Retail Vs. Wall Street 2024

Photo: Shutterstock

Continue Reading...

Popular

A million taxpayers will soon receive up to $1,400 from the IRS. Who are they and why now?

Approximately 1 million taxpayers will automatically receive special payments of up to $1,400 from the IRS in the coming weeks. The money will be directly deposited into eligible people's bank accounts or sent in the mail by a paper check.

"Buffett Indicator" Predicts 62% Stock Market Crash - Ad

The last time the "Buffett Indicator" flashed this red was in 2000 - right before the market crashed 50%. Take these 4 steps to protect your retirement here.

Winning ticket sold for $1.22 billion lottery jackpot, Mega Million says

ATLANTA (AP) — One Mega Millions player has plenty of dough to ring in the New Year after drawing the winning number. After three months without anyone winning the top prize, a winning ticket worth an estimated $1.22 billion was sold for the drawing Friday night.

"This Will Be Worse Than the Great Depression, the Dot-Com Crash, and the 2008 Crisis Combined" - Ad

According to Dan Ferris, who has predicted nearly every major market crisis of the last 25 years, a new crisis in the US economy could soon cost you 50% of your portfolio or more if you don't prepare your wealth now. Especially if you're sitting on large gains.

Alberta's premier says Americans will pay a lot more for gas if Trump applies 25% tariffs on Canada

TORONTO (AP) — The premier of Canada's oil-rich province of said on Thursday that Americans will pay a lot more for gas if President-elect Donald Trump .

Take These Four Steps to Protect Your Financial Future... - Ad

AI is hailed as the future, but its hidden dangers may threaten our way of life and financial security. Many Americans may be unprepared as things unravel. I've recorded a critical briefing to expose the truth and help you act. Learn the four steps you must take now to protect yourself and your family.

Book Review: 'The Rivals' is Jane Pek’s fine new mystery novel of online dating, love and death

Claudia Lin, an detective in the age of AI, is hunting once again through a dark cybersphere of tech systems in “The Rivals,” the second novel in a new mystery series by Jane Pek.

Nvidia Completes Run:ai Buyout: Details

Israeli startup Run:ai officially joins the NVIDIA team. Run:ai plans to continue empowering AI teams to select the tools, platforms, and frameworks that best meet their needs.

2025's No. 1 Trump Era Trade - Ad

Elon Musk is warning about a major shortage we will face in 2025. Trump is targeting one specific resource as the solution to the problem. One American company is virtually the only company set up to solve this situation... generating billions in sales.

Honda CEO Struggles To Justify Potential Nissan Merger: 'That's A Difficult One'

Honda Motor CEO Toshihiro Mibe reportedly found it difficult to explain why its merger with Nissan Motor is justified.

Exposed: 3 Cent Crypto to Explode January 20th? - Ad

Chris Rowe, the man who spotted 44 different coins that have returned over 100%, is now making the biggest crypto call of his ENTIRE career.... Because a powerful crypto event will trigger on January 20th... Sending hundreds of tiny cryptos soaring 5X, 50X, even 100X -- in just days.

More student loans canceled in Biden's final round of forgiveness before leaving office

WASHINGTON (AP) — The Biden administration is canceling federal for another 55,000 workers through an existing program known as Public Service Loan Forgiveness.

Elon Musk Weighs In On MAGA Divide, Urges GOP To Purge 'Contemptible Fools'

In the midst of the ongoing infighting within the GOP's MAGA base, Elon Musk has called for the expulsion of "contemptible fools" from the party.

5 Military Stocks to Invest In - Ad

As violence spreads across the globe will you stay on the sidelines? We can't stop war, but you can win from it. These 5 military growth stocks could potentially build your personal wealth during global turmoil. Historically, similar stocks have seen growth of up to 16,270% in just 18 months.

Jim Cramer Signals Potential Bottom For Nvidia At $127 After Predicting 'Vicious' Reversal Earlier

Jim Cramer suggested on Tuesday that NVIDIA Corp. may have reached a key turning point after the stock touched $127, potentially signaling a bottom for the semiconductor giant's recent pullback.

Dogecoin Could Surge 7185% In 2025, Top Analyst Delivers Bold Forecast: Is $23 In The Cards For The Good Boy?

Popular dog-themed cryptocurrency Dogecoin (CRYPTO: DOGE) could swell as high as $23 this cycle, a noted cryptocurrency analyst delivered a bold prediction on Saturday.

Elon Musk: "The Government Is Out of Control." - Ad

Elon Musk says the government is going bankrupt. Seniors are getting crushed by inflation. But there is a way you could claim a chunk of over $1 trillion in spending, courtesy of Elon Musk.

Trudeau's Government Loses A Top Negotiator Ahead Of Trump's Second Term

Chrystia Freeland, Canadian Finance Minister and Deputy PM, resigns over disagreements with Justin Trudeau on anticipated U.S. tariffs. USD/CAD rose 0.11%.

Andrew Tate can have over $2.5 million seized from him in tax dispute, British court says

LONDON (AP) — A British court ruled Wednesday that police can seize more than 2 million pounds ($2.5 million) to cover years of unpaid taxes from influencer Andrew Tate and his brother Tristan.

5 Stocks Set to Soar Thanks to the Trump Presidency - Ad

With Trump back in office, strategic investors know that now is the time to seize new opportunities in the market. My free report dives into five stocks that could thrive under Trump's new policies and reforms.

Unionized workers at US Starbucks stores plan strikes starting Friday

Workers at stores plan to go on a five-day strike starting Friday to protest lack of progress in contract negotiations with the company.

New charges target ex-Miami congressman for lobbying on behalf of sanctioned Venezuelan tycoon

MIAMI (AP) — A federal grand jury in Washington has returned an indictment against former Congressman David Rivera for failing to register as a foreign agent of a sanctioned Venezuelan media tycoon on whose behalf the Miami Republican allegedly lobbied the Trump administration.

The Dark Truth About AI... - Ad

AI is hailed as the future, but its hidden dangers may threaten our way of life and financial security. Many Americans may be unprepared as things unravel. I've recorded a critical briefing to expose the truth and help you act. Learn the four steps you must take now to protect yourself and your family.

Titanic builder Harland and Wolff to be bought by Spain's Navantia

LONDON (AP) — The future of the Northern Ireland-based Harland and Wolff shipbuilder, which famously built the Titanic, appears to have been safeguarded on Thursday after the Spanish state-owned business Navantia stepped in to buy it.

JPMorgan, Wells Fargo, BofA facing federal lawsuit over Zelle payment network fraud

A federal regulator sued JPMorgan Chase, Wells Fargo and Bank of America on Friday, claiming the banks failed to protect hundreds of thousands of consumers from rampant fraud on the popular payments network Zelle, in violation of consumer financial laws.

Trump's New "AI Economy" Could Mint 22,000 New American Millionaires Every 30 Days - Ad

A tidal wave of new AI wealth is about to flow into the economy. However, the biggest gains may no longer come from the usual hot AI stocks you've been hearing lately. We reveal how you can get the names of all the stocks you should get into now for the biggest investment opportunities of your life.

2 killed and 3 injured when freight train derails in small West Texas city

PECOS, Texas (AP) — Two Union Pacific employees were killed and three people were injured when a freight train collided with a tractor-trailer and derailed in a small West Texas city, authorities said Thursday.

What's Going On With Super Micro Computer (SMCI) Stock?

Super Micro Computer shares fell 4.6% Wednesday. The Fed lowered the federal funds rate by 25 basis points to a range of 4.25%-4.5%.

Forget Nvidia, Apple, Tesla, and Google - Ad

Market Wizard Larry Benedict: "Forget 99% of stocks: It's possible to make all the money you need for a happy retirement with just this one."

NTSB trying to determine why tractor-trailer stopped on train tracks before deadly West Texas crash

PECOS, Texas (AP) — Federal officials investigating the between at Union Pacific train and a tractor-trailer hauling a wind turbine base said Friday they were trying to determine why the tractor-trailer was stopped on the tracks, leading to the crash that derailed the train and propelled the enormous wind turbine base into the air.

China sanctions 7 companies over US military assistance to Taiwan

BEIJING (AP) — The Chinese government placed sanctions on seven companies on Friday in response to of military sales and aid to Taiwan, the self-governing island that China claims as part of its territory.

Apple Feeling the Heat From Nvidia - Ad

Nvidia has moved on to the next frontier of AI it intends to dominate. And we believe the three companies partnering with Nvidia during this next stage of its AI supremacy are likely to benefit as well.

FedEx Positioned As Largest Pure-Play North American LTL Carrier Post-Separation: Analyst

BofA analyst raises FedEx price target to $348, citing potential value creation post-separation, and increases EPS estimates for FY25 and FY26.

Taiwan Semiconductor Expands Domestically With 5 New Factories

Taiwan Semiconductor's investment in Kaohsiung is driving city dev. with 5 factories. 1st plant to start in 2025-2026, ahead of schedule.

Nvda: Correction or Full-Blown Crash? - Ad

It's clear that powerful headwinds are headed for NVDA in 2025. Analysts on and off Wall Street say to load up on THIS ticker instead. It's an under-the-radar AI stock that just hit a 52-week high. Marc Chaikin, to talk about the future of the red-hot AI trend... And he named this same stock as his #1 AI pick for 2025.

Barcelona subway recycles energy from braking into power to charge electric cars

BARCELONA, Spain (AP) — The Barcelona subway grinds to a halt, the doors slide open and commuters pour out to go about their daily business.

Trending Now

Information, charts or examples are for illustration and educational purposes only and not for individualized investment management This message contains commercial elements, such as advertising. We only send these offers to those who have opted in to our newsletter. Past performance is not indicative of future results. For these reasons we strongly suggest trading in a DEMO/Simulated account. The information provided by us is for educational and informational purposes only. We make no representations or warranties concerning the products, practices or procedures of any company or entity mentioned or recommended and have not determined if the statements and opinions of the advertiser are accurate, correct or truthful. If you use, act upon or make decisions in reliance on information contained or any external source linked within it, you do so at your own peril and agree to hold us, our officers, directors, shareholders, affiliates and agents without fault.

Copyright finstrategist.com
Privacy Policy | Terms of Service