Scandalous! China's Cyber Army Wreaks Havoc on Taiwan and US Treasury 🚨💻🐉

This is your Digital Dragon Watch: Weekly China Cyber Alert podcast.

Hey there, I'm Ting, and welcome to Digital Dragon Watch, your weekly China cyber alert. Let's dive right in because the past few days have been anything but quiet.

Starting with Taiwan, the National Security Bureau reported a staggering 2.4 million cyber-attacks on government networks in 2024, double the number from 2023. Most of these attacks are attributed to Chinese state-backed hackers. The techniques used are diverse, including exploiting vulnerabilities in Netcom devices, social engineering targeting civil servants' emails, and even DDoS attacks to harass and intimidate Taiwan's transportation and financial sectors[1].

But it's not just Taiwan. The U.S. has also been in the crosshairs. The U.S. Treasury Department recently disclosed a major cybersecurity incident involving a China state-sponsored Advanced Persistent Threat actor breaking into Treasury's computer systems and remotely accessing sensitive information. This breach has raised serious questions about the protocols for safeguarding federal government information, prompting Ranking Member Tim Scott and Congressman French Hill to demand a detailed briefing from Treasury Secretary Janet Yellen[4].

In response to these escalating threats, the U.S. House of Representatives unanimously approved the 'Strengthening Cyber Resilience Against State-Sponsored Threats Act.' This legislation aims to establish an interagency task force led by the Cybersecurity and Infrastructure Security Agency (CISA) and the Federal Bureau of Investigation (FBI) to tackle the extensive cybersecurity threats posed by state-sponsored cyber actors linked to the People's Republic of China (PRC). The bill was introduced by House Representative Laurel Lee, Mark E. Green, and John Moolenaar, highlighting the need for a coordinated and whole-of-government response to stop China's targeting of U.S. critical infrastructure[2].

Expert recommendations for protection include enhancing cyber resilience through real-time threat information sharing, as seen in Taiwan's joint security defense mechanism, and establishing robust protocols for safeguarding sensitive federal government information. It's clear that as China continues to intensify its cyber-attacks, a proactive and collaborative approach is necessary to counter these threats.

That's all for today. Stay vigilant, and we'll catch you on the next Digital Dragon Watch.

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