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Illustration: Sarah Grillo/Axios

Russian hackers staged their attacks from servers inside the U.S. — sometimes using computers in the same town or city as the victims, cybersecurity company FireEye tells the New York Times.

Why it matters: This let the intruders evade "legal prohibitions on the National Security Agency from engaging in domestic surveillance," and elude "cyberdefenses deployed by the Department of Homeland Security."

Catch up quick: The attack, attributed to Russia, began with the targeting of the software of IT contractor SolarWinds. Gaining access there allowed the nation-state hackers access to information from a variety of high-profile agencies and companies, including the Treasury, Commerce and Homeland Security departments.

  • Experts warn the attack could have severe repercussions given it went on for months, targeted key companies and government agencies, and gained access to a wide swath of substantive information, Axios' Ina Fried reports.
  • The attack lasted for at least nine months and affected roughly 250 businesses and federal agencies, per the Times.

Go deeper

In cyber espionage, U.S. is both hunted and hunter

Illustration: Eniola Odetunde/Axios

American outrage over foreign cyber espionage, like Russia's SolarWinds hack, obscures the uncomfortable reality that the U.S. secretly does just the same thing to other countries.

Why it matters: Secrecy is often necessary in cyber spying to protect sources and methods, preserve strategic edges that may stem from purloined information, and prevent diplomatic incidents.

Dan Primack, author of Pro Rata
37 mins ago - Politics & Policy

Biden starts negotiating to raise capital gains tax rate

Illustration: Aïda Amer/Axios

President Biden wants to nearly double the capital gains tax paid by wealthy Americans, as first reported yesterday by Bloomberg and confirmed by Axios.

Counterintuitive: Biden's plan is better for private fund managers (hedge, PE, VC, etc.) than what he proposed during the campaign.

Scoop: Caitlyn Jenner makes it official for California governor

Caitlyn Jenner. Photo: Paul Archuleta/Getty Images

Former Olympic decathlete and reality TV star Caitlyn Jenner has filed her initial paperwork to run for governor of California and will officially announce her bid later today, her campaign tells Axios.

The big picture: Jenner, a longtime Republican, is seeking to replace Democratic Gov. Gavin Newsom in a recall election, hoping her celebrity status and name recognition can yield an upset in the nation's most populous state.