Yahoo! Finance| December 16, 2020
By Wayne Duggan
U.S. stocks are trading higher despite a successful cyberattack on the U.S. Treasury and the U.S. Commerce Department.
What Happened? On Monday morning, the Trump administration acknowledged there was a security breach at the Treasury.
“We can confirm there has been a breach in one of our bureaus. We have asked CISA and the FBI to investigate, and we cannot comment further at this time,” a White House spokesperson said.
“This is big deal, and it’s a big deal not only because of the information they may be having access to but once you’re in a network, you’re in and there are a lot of things you can do,” Sue Gordon, former national intelligence principal deputy director, told CNBC.