China Breaches U.S. Treasury's CFIUS Amid National Security Concerns

China Breaches U.S. Treasury's CFIUS Amid National Security Concerns
Chinese hackers have successfully infiltrated the U.S. Treasury's Committee on Foreign Investment in the United States (CFIUS), which evaluates foreign investments for security risks. This incident follows a major cybersecurity breach linked to a security vendor, BeyondTrust, allowing unauthorized access to the department's unclassified network. Treasury officials confirmed the breach affected documents and workstations, while the cyberattack is attributed to the China-backed group known as Silk Typhoon. U.S. cybersecurity agency CISA reported no breaches in other government departments during this incident. The Chinese government has denied involvement in these cyberattacks.