The Treasury Department’s Office of Foreign Assets Control (OFAC) announced on Friday that it had sanctioned a China-based cybersecurity company, known as Sichuan Juxinhe Network Technology, which it says is directly linked to the China-backed Salt Typhoon hacking group.

The U.S. Department of the Treasury's Office of Foreign Assets Control (OFAC) has sanctioned Yin Kecheng, a Shanghai-based hacker for his role in the recent Treasury breach and a company associated with the Salt Typhoon threat group.

China state-affiliated entities have been hacking both public and private organizations in the US for years now. This is part of China's goal to usurp the US

A troubling series of breaches of U.S. firms and agencies could intensify friction between Washington and Beijing as Donald Trump takes office.

The Treasury Department has announced sanctions in connection with a massive Chinese hack of American telecommunications companies and a breach of its own computer network

The State and Treasury Departments say Chinese cybersecurity vendor Sichuan Juxinhe is behind the hacks into numerous US telecommunications companies.

WASHINGTON (Reuters) - The U.S. Treasury department on Friday sanctioned Shanghai-based Yin Kechen and cybersecurity company Sichuan Juxinhe Network Technology Co., accusing both of being involved in a series of hacks against American telecom companies.

The Biden administration on Friday announced sanctions on two Chinese entities accused of cyberattacks, including a firm it said is directly involved in the recent espionage campaign against US telecommunications firms and a hacker behind the recent breach of Treasury Department computers.