China has hacked CFIUS, which reviews the US Treasury’s foreign investments for national security risks

Chinese hackers have reportedly broken into the main office of the US Treasury Department, which oversees foreign investment and transactions that could threaten US national security.

CNN reported on thisChinese hackers targeted the Committee on Foreign Investment in the United States, according to US officials familiar with the matter CFIUScan approve or reject deals that pose national security risks, such as corporate mergers and acquisitions or deals involving sensitive US information.

Treasury officials confirmed to TechCrunch last week that this is the case investigating a ‘major cyber security incident’ after a breach at one of its security vendors, BeyondTrust. Hackers used a stolen BeyondTrust key to remotely access employee workstations and files on the department’s unclassified network, Treasury said. Later it turned out that Chinese hackers also hacked the department’s international financial sanctions officeOffice of Foreign Assets Control or OFAC.

This was reported by the US cyber security agency CISA this week there was no sign said the hackers had infiltrated any other department of the US government as part of the campaign.

Bloomberg reports that the hackers targeting the Treasury are known as Silk Typhoon (formerly Hafnium), an active hacking group backed by China. to carry out massive hacking operations aims to steal information.

The cyberattack on the Treasury is the latest in a series of incidents linked to the Chinese-backed Typhoon hacking family identified in recent months. This is included in cyber attacks Targeting of private communications of US government officials and Deploying destructive malware on US critical infrastructure hit in case of future conflict between China and the United States.

The Chinese government has repeatedly denied the accusations.