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During the last days of the Biden administration, it proposed a framework that would apply cap and licensing restrictions for AI semiconductor sales to all but 18 US allies and partners.
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Alexander Nowrasteh, an analyst at the Cato Institute — a libertarian US think tank — said in a Jan. 20 X post that it would have been better if some sections of the order were “kept because it eased AI worker immigration. Conservative proponents of skilled immigration have lost.”
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“This will leave the American public unprotected from the risks and harms of AI and, therefore, unable to take up the benefits it might bring,” she added.
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Treasury officials are reportedly planning to hold a classified briefing about the breach next week with staffers from the House Financial Services Committee, CNN said.
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It follows the most recent Salt Typhoon breach, where cybercriminals were able to access phone calls and text messages from lawmakers, The Guardian noted.
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More details will be provided in a 30-day supplemental report that the Treasury must provide under the Federal Information Security Modernization Act.
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“Law enforcement was notified and BeyondTrust has been supporting the investigative efforts,” a BeyondTrust spokesperson told Cointelegraph.
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BeyondTrust said it identified a security incident in its Remote Support product on Dec. 2, and after “anomalous behavior” was confirmed on Dec. 5, it immediately revoked the API key and notified impacted customers soon after.
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Cointelegraph reached out to the US Treasury but didn’t receive an immediate response.
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Treasury officials were working with the Cybersecurity and Infrastructure Security Agency, the Federal Bureau of Investigation, US intelligence agencies and third-party forensic investigators to further examine the incident.
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Meanwhile, the compromised service has since been taken offline, Hardikar told US senators Sherrod Brown and Tim Scott of the Banking Committee.
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China has denied responsibility for the attack, telling Reuters it “firmly opposes the U.S.’s smear attacks against China without any factual basis.”
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“Based on available indicators, the incident has been attributed to a Chinese state-sponsored Advanced Persistent Threat (APT) actor,” said Aditi Hardikar, assistant secretary for management at the Treasury, in a letter obtained by TechCrunch and other outlets, including CNN.
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Treasury officials are reportedly planning to hold a classified briefing about the breach next week with staffers from the House Financial Services Committee, CNN said.
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It follows the most recent Salt Typhoon breach, where cybercriminals were able to access phone calls and text messages from lawmakers, The Guardian noted.
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More details will be provided in a 30-day supplemental report that the Treasury must provide under the Federal Information Security Modernization Act.
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“Law enforcement was notified and BeyondTrust has been supporting the investigative efforts,” a BeyondTrust spokesperson told Cointelegraph.
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BeyondTrust said it identified a security incident in its Remote Support product on Dec. 2, and after “anomalous behavior” was confirmed on Dec. 5, it immediately revoked the API key and notified impacted customers soon after.
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Cointelegraph reached out to the US Treasury but didn’t receive an immediate response.
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Treasury officials were working with the Cybersecurity and Infrastructure Security Agency, the Federal Bureau of Investigation, US intelligence agencies and third-party forensic investigators to further examine the incident.
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