United States of America: Department of Treasury investigation into cybersecurity company Sichuan over alleged failure to report compromise of firewall products and attempted ransomware attacks

Progress

Current status
in force
10 Dec 2024 in force

Scope

Implementers
United States of America
Policy Area
Data governance
Policy Instrument
Cybersecurity regulation
Regulated Economic Activity
software provider: other software
Government Branch
executive
Government Body
other regulatory body
Implementation Level
national

Timeline of events

10 Dec 2024
in force

Issued sanctions in Department of Treasury investigation into cybersecurity company Sichuan over alleged failure to report compromise of firewall products

On 10 December 2024, the Department of the Treasury imposed sanctions on the cybersecurity company Sichuan Silence Information Technology (Sichuan Silence) and one of its employees, both based in the People’s Republic of China (China). The sanction …

Event type investigation
Action type ruling
Government branch executive
Government body other regulatory body