On December 30, 2024, the United States Department of the Treasury disclosed that it had been hacked by a state-sponsored actor of the People's Republic of China who gained access to unclassified documents.
[3] Upon investigation it was discovered that the attackers gained access to a remote support SaaS API key, allowing them to make password resets against local application accounts.
[5][6][7] BeyondTrust is a FedRAMP vendor; if the department's implementation of its software was FedRAMP-certified, the hack would be the first breach of its kind, according to former National Security Agency hacker Jake Williams.
[16] On December 30, assistant secretary of the Treasury for management Aditi Hardikar[17] informed Senate Committee on Banking, Housing, and Urban Affairs chairman Sherrod Brown and ranking member Tim Scott of the breach.
[21] Spokesman Liu Pengyu stated that the embassy hoped "relevant parties will adopt a professional and responsible attitude when characterizing cyber incidents" rather than basing assessments on "unfounded speculation and accusations".