US Sanctions Six Chinese Firms for Cyber Attacks Targeting Pacific Allies
⢠Treasury Department imposed sanctions on April 1 against firms linked to hacks on Australian and Japanese defense networks, stealing terabytes of data. ⢠Targets include Huawei subsidiary and two state-backed hackers, freezing $1.2 billion in US assets. ⢠Action escalates tech war, with FBI reporting 40% rise in state-sponsored attacks on US firms.
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