Who:
Suspected Chinese state-sponsored Advanced Persistent Threat (APT) actors.
U.S. Treasury Department.
BeyondTrust (third-party software service provider).
What:
A major cybersecurity incident where threat actors accessed U.S. Treasury systems and unclassified documents.
The incident involved the exploitation of a BeyondTrust API key.
The breach affected the Office of Foreign Assets Control (OFAC) and the Office of the Treasury Secretary.
How:
The threat actors gained access to a BeyondTrust API key used to secure a cloud-based service for remote technical support.
With the stolen key, they overrode the service's security and remotely accessed certain Treasury Departmental Offices (DO) user workstations and unclassified documents.
BeyondTrust's investigation revealed attackers reset passwords for local application accounts using the API key.
The Treasury Department, CISA, and FBI are investigating, and BeyondTrust has taken steps to mitigate the breach.
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