Market
Will Sichuan Juxinhe cease operations due to U.S. sanctions by end of 2025?
3
Biden•Chinese•Shanghai•Yin Kecheng•Sichuan Juxinhe•Salt Typhoon•PRC•Ministry of State Security•China
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Reports from reliable news agencies or official announcements
Story
US Sanctions Sichuan Juxinhe and Hacker Yin Kecheng for Salt Typhoon and Treasury Cyberattacks
Jan 17, 2025, 04:53 PM
The Biden administration has imposed sanctions on a Chinese cybersecurity company, Sichuan Juxinhe Network Technology Co., and a Shanghai-based hacker, Yin Kecheng, for their roles in significant cyberattacks against U.S. entities. Sichuan Juxinhe is linked to the Salt Typhoon hacking group, which compromised the networks of nine major U.S. telecommunications and internet service providers. The hacker, Yin Kecheng, affiliated with the PRC's Ministry of State Security, was involved in a recent December hack of the U.S. Treasury Department's network. These actions are part of a broader U.S. effort to counter cyber threats from China, which have targeted U.S. government systems and critical infrastructure.
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