The US Treasury Department levied sanctions on a Chinese firm Monday, accusing it of being a front company for 'dangerous and irresponsible' state-sponsored hacking.The announcement came on top of seven indictments issued by the Department of Justice accusing seven men affiliated with that company, Xiaoruizhi Science and Technology Company Ltd. (Wuhan XRZ), of 'malicious cyber operations.'Wuhan XRZ's cyberattacks, officials said, were part of a pervasive effort to sneak malware into critical American utilities, including electric grids and water supplies.
Load More
Load More