Cyber Security

Obama announces executive order allowing sanctions against cyber hackers

“President Barack Obama announced an executive action Wednesday that allows the Treasury Department to impose financially punitive sanctions against cyber hackers who impose a significant threat to national security.

‘This Executive Order authorizes the Secretary of the Treasury, in consultation with the Attorney General and the Secretary of State, to impose sanctions on individuals or entities that engage in malicious cyber-enabled activities that create a significant threat to the national security, foreign policy, or economic health or financial stability of the United States,’ Obama said In a statement announcing Wednesday’s executive order.”

Source: Obama announces executive order allowing sanctions against cyber hackers – CNN.com

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