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.

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

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.

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.