US Sanctions Chinese Firm, Offers Reward for Cybersecurity Breaches

1 min read
Source: TechCrunch
US Sanctions Chinese Firm, Offers Reward for Cybersecurity Breaches
Photo: TechCrunch
TL;DR

The U.S. Treasury Department has sanctioned Chinese cybersecurity firm Sichuan Silence and its employee Guan Tianfeng for exploiting a zero-day vulnerability in Sophos firewalls, compromising around 81,000 firewalls globally, including over 23,000 in the U.S. The attack targeted critical infrastructure, including a government agency and an energy company, with the intent to steal data and potentially deploy Ragnarok ransomware, posing significant risks to human life.

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