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 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 Treasury Department on Friday sanctioned Chinese firm Sichuan Juxinhe Network Technology Co. and Shanghai-based hacker Yin Kecheng for their roles in major hacks that allowed access to sensitive,

The espionage hack of at least nine American telecommunication firms — including giants AT&T and Verizon — targeted the Trump campaign, FBI wiretaps and top State Department officials.

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.

In its final days, Biden administration to sanction firm allegedly behind massive spy breach