US sanctions Chinese company over alleged hacking of critical infrastructure

WASHINGTON, March 5 (Reuters) - The U.S. Treasury said Wednesday it was sanctioning a Shanghai-based company and its owner over the alleged theft and sale of data from "highly sensitive U.S. critical infrastructure networks."

Treasury said in a statement that it was sanctioning the Shanghai Heiying Information Technology Company and its founder, Zhoun Shuai, for "selling illegally exfiltrated data and access to compromised computer networks." At least some of the data was later acquired by a previously sanctioned Chinese hacker named Yin Kecheng who was implicated in the theft of data from the U.S. Treasury, the statement said.