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HomeTechUS targets China-based firm under new cyber-related sanctions, Treasury website shows

US targets China-based firm under new cyber-related sanctions, Treasury website shows

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(Reuters) -The United States on Monday imposed cyber-related sanctions on China-based Wuhan Xiaoruizhi Science And Technology Company Ltd, according to a notice on the U.S. Treasury Department’s website.

The notice was posted after CNN reported earlier on Monday that the Biden administration was set to accuse Chinese hackers who work on behalf of China’s civilian intelligence service of targeting U.S. companies in a sweeping espionage campaign.

(Reporting by Katharine Jackson and Ismail Shakil; writing by Brendan O’Brien; editing by Rami Ayyub and Caitlin Webber)

Disclaimer: This report is auto generated from the Reuters news service. ThePrint holds no responsibilty for its content.

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