Cyber Sentinel: Beijing Watch

CCP Hacks US Treasury: Is Your Money Safe? Plus, Taiwan Under Siege & Shanghai Cyber Actor Sanctioned


Listen Later

This is your Cyber Sentinel: Beijing Watch podcast.

Hey there, I'm Ting, and welcome to Cyber Sentinel: Beijing Watch. Let's dive right into the latest on Chinese cyber activities affecting US security.

Over the past few days, we've seen a significant escalation in Beijing's use of hybrid tactics to undermine its strategic competitors. The recent state-sponsored cyberattack on the US Treasury Department by the Chinese Communist Party (CCP) is a prime example. This attack, which occurred in early December, targeted the Office of Foreign Assets Control (OFAC) and the Office of the Treasury Secretary, both of which had administered economic sanctions against Chinese companies in 2024 for engaging in cyberattacks and supplying Russia with weapons for Moscow's war in Ukraine[1].

But that's not all - Taiwan has been bearing the brunt of the PRC's escalating hybrid tactics, with government networks facing a staggering 2.4 million cyberattacks daily in 2024, most of which were attributed to Chinese state-backed hackers. This represents a doubling of the daily average from 2023, which saw 1.2 million daily attacks targeting government networks[2].

The PRC's cyberattacks on Taiwan are not just about numbers; they're also about sophistication. Chinese hackers have been using a range of techniques, including exploiting vulnerabilities in Netcom devices, utilizing evasion techniques like living-off-the-land, and deploying social engineering tactics to target the emails of Taiwanese civil servants for espionage purposes[2].

In response to these attacks, the US has imposed sanctions on a Chinese cybersecurity company and a Shanghai-based cyber actor for their alleged links to the Salt Typhoon group and the recent compromise of the federal agency. The sanctions target Yin Kecheng, who is assessed to have been a cyber actor for over a decade and affiliated with China's Ministry of State Security (MSS)[4].

So, what can we do to protect ourselves? First, it's essential to stay informed about the latest attack methodologies and targeted industries. We need to be aware of the attribution evidence and international responses to these attacks. From a tactical perspective, we need to focus on strengthening our critical infrastructure systems, including water treatment plants, the electrical grid, and transportation systems.

Strategically, we need to recognize that China's cyber activities are not just about espionage; they're also about disrupting military supply lines and hindering an effective US response in case of a potential conflict with the PRC, especially over Taiwan. We need to work together with our international partners to develop a comprehensive cybersecurity strategy that addresses these threats.

That's all for now. Stay vigilant, and we'll catch you on the next episode of Cyber Sentinel: Beijing Watch.

For more http://www.quietplease.ai


Get the best deals https://amzn.to/3ODvOta
...more
View all episodesView all episodes
Download on the App Store

Cyber Sentinel: Beijing WatchBy Quiet. Please