China Hacked Treasury Dept. in ‘Major Incident,’ US Says
Bloomberg Businessweek
00:00
Challenges in Treasury Markets and Cybersecurity Threats
This chapter addresses the diminishing number of primary dealers in the U.S. Treasury market amid escalating national debt, and the ensuing implications for financial stability and market yields. It also examines a significant cybersecurity breach involving a third-party service provider that jeopardized the U.S. Treasury Department, emphasizing the critical need for rapid response and awareness in the face of such cyber threats.
Transcript
Play full episode
