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.

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