Cyber Sentinel: Beijing Watch

Scandalous! China's Cyber Sins Exposed: US Treasury Targeted, Taiwan Under Fire, and a $10M Bounty Up for Grabs!


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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.

So, you know how everyone's been talking about the recent hack on the US Treasury Department? Well, it's getting serious. The People's Republic of China (PRC) has been using hybrid tactics to undermine its strategic competitors, and the US is right at the top of that list. The attack on the Treasury Department, specifically targeting the Office of Foreign Assets Control (OFAC) and the Office of the Treasury Secretary, is just the latest escalation[1].

But here's the thing: it's not just about the Treasury Department. The PRC has been targeting US critical infrastructure, including water treatment plants, the electrical grid, and transportation systems. They're using state-sponsored cyberattacks to disrupt military supply lines and hinder an effective US response in case of a potential conflict, especially over Taiwan[1].

And speaking of Taiwan, the situation is getting dire. Taiwanese government networks faced a daily average of 2.4 million cyberattacks in 2024, most of which were attributed to Chinese state-backed hackers. That's double the daily average from 2023[2]. The PRC is using a range of techniques, including exploiting vulnerabilities in Netcom devices, social engineering, and phishing attacks to infiltrate and compromise Taiwan's critical infrastructure systems.

But the US isn't just sitting back and taking it. The Treasury Department's Office of Foreign Assets Control (OFAC) has imposed sanctions against 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[4]. And the Department of State's Rewards for Justice program is offering a reward of up to $10 million for information that could lead to the identification or location of any individuals who are acting at the direction or under the control of a foreign state-sponsored adversary and engage in malicious cyber activities against US critical infrastructure.

So, what can we do to protect ourselves? First, we need to stay vigilant and keep our systems up to date. The PRC is constantly evolving its tactics, so we need to stay one step ahead. We also need to focus on vulnerability assessments and enhance our cybersecurity obligations. And let's not forget about the importance of information sharing and collaboration between government agencies and the private sector.

That's all for now. Stay safe, and stay tuned for more updates on Cyber Sentinel: Beijing Watch.

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Cyber Sentinel: Beijing WatchBy Quiet. Please