The US Treasury Department has accused China of hacking into computer systems of BeyondTrust, a third-party cybersecurity service provider. The Chinese Embassy in Washington has denied the claim, calling it "irrational" and "without factual basis". The report by the Washington Post suggests that the Chinese government is targeting entities that may be subject to financial sanctions from the US, including Chinese firms and individuals. This comes as part of a broader effort by the US to reduce Russia's access to foreign supplies to fuel its war in Ukraine, with Treasury Secretary Yellen stating last month that Washington would not rule out sanctions on Chinese banks.
https://www.ndtv.com/world-news/us-treasurys-sanctions-office-hacked-by-chinese-government-report-7381208