Hackers Targeted Senior U.S. Treasury Officials in SolarWind Data Breach

About This Source - Bloomberg QuickTake: Now

Bloomberg L.P. is a privately held financial, software, data, and media company headquartered in Midtown Manhattan, New York City.

It was founded by Michael Bloomberg in 1981, with the help of Thomas Secunda, Duncan MacMillan, Charles Zegar, and a 12% ownership investment by Merrill Lynch.

Recent from Bloomberg QuickTake: Now:

  • DeSantis Vows ‘We Will Not Shut Down’ as Florida Becomes U.S. Covid Epicenter
  • NYC to Require Vaccines at Indoor Restaurants, Gyms and Theaters: Mayor
  • Andrew Hoy, 62, Becomes Oldest Medalist at Tokyo 2020 Olympic Games
  • Bloomberg Quicktake: Now published this video item, entitled “Hackers Targeted Senior U.S. Treasury Officials in SolarWind Data Breach” – below is their description.

    Systems at the U.S. Treasury Department used by senior officials were accessed by hackers in a widespread cyberattack on federal agencies, according to Senator Ron Wyden.

    “According to Treasury staff, the agency suffered a serious breach, beginning in July, the full depth of which isn’t known,” Wyden, the top Democrat on the Senate Finance Committee, said in a statement Monday. “Treasury still does not know all of the actions taken by hackers, or precisely what information was stolen.”

    Wyden, and Senate Finance Committee Chairman Chuck Grassley, had requested to meet with Treasury and IRS officials after the discovery of the data breach affecting multiple agency systems. A Treasury Department spokesperson didn’t immediately reply to a request for comment outside of office hours.

    Microsoft Corp. told the Treasury that dozens of email accounts were compromised, the statement said. The hackers breached systems in the Treasury’s Departmental Offices unit, which contains the highest-ranking officials. The IRS does not appear to be affected by the attack.

    U.S. government agencies were attacked as part of a global campaign orchestrated by hackers believed to be tied to the Russian government, according to U.S. officials. The hackers were reported to have installed a malicious vulnerability in software from Texas-based SolarWinds Corp., whose customers include top government agencies and Fortune 500 companies.

    All federal civilian agencies were ordered by the U.S. Cybersecurity and Infrastructure Security Agency to review their networks and disconnect or power down SolarWinds’s Orion software products immediately.

    Attorney General Barr Holds News Conference On Pan Am Flight 103

    William Barr on Monday.Photographer: Michael Reynolds/EPA/Bloomberg

    Attorney General William Barr on Monday joined other administration officials, including Secretary of State Michael Pompeo, in pointing to Russia for being behind the hack.

    “It certainly appears to be the Russians but I’m not going to discuss it beyond that,” Barr, whose last day in office is Wednesday, said at the Justice Department, contradicting President Donald Trump who suggested China may have been responsible.

    House Energy and Commerce Committee Chairman Frank Pallone, a New Jersey Democrat, said his panel had also been told about the hacks.

    “The committee has been briefed by several agencies and departments, and is assessing the potential impacts across its broad jurisdiction, including energy, health care, and telecommunications networks,” Pallone said in a statement.

    Bloomberg Quicktake: Now YouTube Channel

    Got a comment? Leave your thoughts in the comments section, below. Please note comments are moderated before publication.

    In This Story: Donald Trump

    Donald John Trump was the 45th President of the United States. Before entering politics, he was a businessman and television personality. Trump was born and raised in Queens, a borough of New York City, and received a bachelor’s degree in economics from the Wharton School.

    5 Recent Items: Donald Trump

  • The dirty little secret about Trump’s endorsements
  • French writer: U.S. cannot stand the rise in power of China
  • U.S. investment ban on 59 Chinese firms takes effect
  • Facebook under fire for trying to censor law enforcement
  • Why MyPillow CEO decided to pull his ads from Fox News
  • In This Story: Microsoft

    Microsoft Corporation (NASDAQ: MSFT) is an American multinational technology company with headquarters in Redmond, Washington. It develops, manufactures, licenses, supports, and sells computer software, consumer electronics, personal computers, and related services.

    4 Recent Items: Microsoft

  • Janet Reveals How She Got Her Surname & The Interesting Surnames She Could’ve Had | Loose Women
  • Halo Infinite Datamine Suggests Battle Royale Mode – IGN Daily Fix
  • Activision Blizzard in freefall as employees revolt
  • What’s the future of remote work? Microsoft CEO Satya Nadella and others weigh in
  • In This Story: Russia

    Russia, or the Russian Federation, is a transcontinental country located in Eastern Europe and Northern Asia. It extends from the Baltic Sea in the west to the Pacific Ocean in the east, and from the Arctic Ocean in the north to the Black Sea and the Caspian Sea in the south.

    Russia spans more than one-eighth of the Earth’s inhabited land area, stretching eleven time zones, and bordering 16 sovereign nations. Moscow is the country’s capital.

    The Soviet Union was dissolved in 1991 and since 1993 Russia been governed as a federal semi-presidential republic. Russia is a major great power, with the world’s second-most powerful military, and the fourth-highest military expenditure. As a recognised nuclear-weapon state, the country possesses the world’s largest stockpile of nuclear weapons.

    3 Recent Items: Russia

  • Forest fires block out the sun in Yakutia region of Russia
  • A very tired lake | Over 100 tires found in Turgoyak lake in Russia
  • Looking into China: Chinese are very friendly wherever we go
  • Leave a Comment