China Rejects Claims of Treasury Cyberattack
In a strong statement, Beijing denied recent allegations of its involvement in cybercrime in the US. The Treasury Department. The incident, which came to light when the Cybersecurity Administration discovered access on Dec. 1, reportedly broke the news. 8 involved theft of a security credential for access to unclassified property
While Washington points to China as the culprit, there has been no public evidence to support these claims. Chinese officials have slammed them, describing the accusations as baseless and part of what they see as a pattern of baseless accusations against their country. They confirmed their stated policy against any hacking.Since then, bank officials have addressed the security weaknesses and assured stakeholders that any potential damage to it has been averted. China, meanwhile, has demonstrated that such accusations are a politically motivated attack on its reputation rather than a legitimate cybersecurity concern.
Chinese officials confirmed they condemned the hacking activities and warned against what they described as unacceptable accusations that posed a threat to international relations.