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Yellen raised serious concern about China's 'malicious' cyber activity, Treasury says

ReutersJan 7, 2025 3:56 AM

- U.S. Treasury Secretary Janet Yellen met virtually on Monday with Chinese Vice Premier He Lifeng and raised concerns about "malicious cyber activity" carried out by Chinese state-sponsored actors, the Treasury Department said in a statement.

Treasury last month reported that an unspecified number of its computers had been compromised by Chinese hackers following a breach at contractor BeyondTrust, which provides cybersecurity services.

The two officials also discussed economic developments, and Yellen reiterated her concerns about China's non-market practices and policies and industrial overcapacity, Treasury said.

(Reporting by Andrea Shalal; Editing by Christian Schmollinger)

((andrea.shalal@tr.com; +1 202-815-7432;))

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