US sanctions Chinese cybersecurity company linked to ransomware attack
By
Isha Sharma
The United States has imposed sanctions on a Chinese cybersecurity firm, Sichuan Silence Information Technology Company, for orchestrating a large-scale cyberattack. According to a Reuters report, the attack, US officials said could have resulted in fatalities. A statement from the US Treasury Department says that the Chengdu-based company and one of its employees, Guan Tianfeng, deployed malicious software in April 2020 to compromise over 80,000 firewalls across thousands of companies globally.