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Chinese Hackers hack US Treasury

The Treasury Department said it learned of the problem on Dec. 8 when a third-party software service provider, BeyondTrust, flagged that hackers had stolen a key “used by the vendor to secure a cloud-based service used to remotely provide technical support” to workers. That key helped the hackers override the service’s security and gain remote access to several employee workstations. Chinese hackers remotely accessed several U.S. Treasury Department workstations and unclassified documents after compromising a third-party software service provider. Chinese Embassy spokesman Liu Pengyu dismissed the allegations, calling them an effort to “smear” China’s reputation. Could this be true and what are the repercussions ?

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