The U.S. Treasury last month repelled cyber attacks by a pro-Russian hacker group, preventing disruption and confirming the effectiveness of the department's stronger approach to financial system cybersecurity, a U.S. Treasury official said on Tuesday.
The Treasury has attributed the distributed denial of service attacks to Killnet, the Russian hacker group that claimed responsibility for disrupting the websites of several U.S. states and airports in October, said Todd Conklin, cybersecurity counselor to Deputy Treasury Secretary Wally Adeyemo.
Conklin described the attack on the Treasury as "pretty low-level DDoS activity targeting Treasury's critical infrastructure nodes." "It confirmed that we're on the right track with how we're trying to actually share tactical information with the sector in real time with the mind that we are interconnected and face the same threat actors," Conklin said, adding that this information includes downgraded intelligence and details on adversaries.
Adeyemo also told the conference that the incident was a "stark reminder" that Treasury and financial services firms face the same threats, especially since Russia launched its war on Ukraine in February.
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