The U.S. Department of the Treasury suffered a major security incident when a Chinese threat actor compromised its third-party cybersecurity service BeyondTrust. The attackers obtained an API key that allowed them to bypass security measures and access unclassified documents.

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Guillaume Valadon

Source: Security Boulevard
Source Link: https://securityboulevard.com/2024/12/what-happened-in-the-u-s-department-of-the-treasury-breach-a-detailed-summary/