US Treasury slams sanctions on Chinese hacker Zhou Shuai and his company for cyber espionage—blocking assets, indicting culprits, and putting a $2m bounty on their heads

Zhou Shuai and his company, Shanghai Heiying, sanctioned for cyber espionage targeting U.S. critical infrastructure. Zhou, in collaboration with previously sanctioned hacker Yin Kecheng, sold stolen data and compromised networks, allegedly working in alignment with Chinese intelligence interests.