Suspected Russian Hackers Breach US Treasury and Commerce Department

The US Treasury and the Commerce Department were victims of a hack attack. Media outlets have reported that the Russian government may be behind the hackers.

December 14, 2020 | AtoZ Markets – Attackers, allegedly backed by a foreign government, stole data from the US Treasury Department and the National Telecommunications and Information Administration (NTIA), Reuters reported, citing anonymous sources.

The incident was so serious that the US National Security Council held an emergency meeting. The authorities do not exclude that hackers also attacked other divisions of the American government.

Presumably, the attackers found a loophole through the Microsoft Office 365 software and read the e-mail of the authorities for several months.

Russian government accused of hacking US Treasury Department

The American edition of The Washington Post writes, citing unnamed sources, that APT29 (Cozy Bear), which allegedly works for the Russian government, is behind the hack.

During the Barack Obama administration, this group also hacked into the systems of the State Department and the White House. However, no evidence of Russia’s involvement is provided. The FBI is investigating the incident.

‘Bitcoin never gets hacked’

The cryptocurrency community immediately noted the benefits of the bitcoin ecosystem, which is resistant to such hacker attacks.

“Bitcoin can never be hacked,” wrote Kraken Business Unit Leader Dan Held.

Blockfolio criticized NTIA’s security system, hinting that the agency was using outdated algorithms.

Earlier, AtoZ Markets reported that Trump’s campaign website was hacked/defaced. The hack, however, appeared to be a cryptocurrency scam intended to collect Monero, a privacy coin often used by hackers.

Think we missed something? Let us know in the comment section below.

    Share Your Opinion, Write a Comment