On December 30, 2024, it was reported that the U.S. Treasury Department was cyberattacked by Chinese state-sponsored hackers in early December. The breach affected the Office of Foreign Assets Control, the Office of Financial Research, and targeted Treasury Secretary Janet Yellen’s office. The attackers stole unclassified documents in a major incident, although specific users were not disclosed. The Chinese Embassy dismissed the U.S. claims as baseless, emphasizing China’s commitment to combating cyberattacks. The attack appears linked to U.S. sanctions on Chinese entities amid rising tensions, as the U.S. views China as its primary foreign policy challenge.
