Obama authorizes sanctions to combat cybercrime


President Obama on Wednesday signed an executive order authorizing sanctions against people, businesses, and governments that "engage in malicious cyber-enabled activities" against the U.S.
"Cyber threats pose one of the most serious economic and national security challenges to the United States, and my Administration is pursuing a comprehensive strategy to confront them," Obama said in a statement.
The first of its kind, the sanctions program would allow the Treasury Department to freeze assets and restrict the financial transactions of those deemed to have used cyberattacks to conduct espionage or disrupt U.S. commerce. The announcement comes months after the federal government last year accused North Korea of carrying out a cyberattack against Sony Pictures.
Subscribe to The Week
Escape your echo chamber. Get the facts behind the news, plus analysis from multiple perspectives.

Sign up for The Week's Free Newsletters
From our morning news briefing to a weekly Good News Newsletter, get the best of The Week delivered directly to your inbox.
From our morning news briefing to a weekly Good News Newsletter, get the best of The Week delivered directly to your inbox.
Sign up for Today's Best Articles in your inbox
A free daily email with the biggest news stories of the day – and the best features from TheWeek.com
Jon Terbush is an associate editor at TheWeek.com covering politics, sports, and other things he finds interesting. He has previously written for Talking Points Memo, Raw Story, and Business Insider.
-
In search of paradise in Thailand's western isles
The Week Recommends 'Unspoiled spots' remain, providing a fascinating insight into the past
-
The fertility crisis: can Trump make America breed again?
Talking Point The self-styled 'fertilisation president', has been soliciting ideas on how to get Americans to have more babies
-
The fall of Saigon
The Explainer Fifty years ago the US made its final, humiliating exit from Vietnam
-
Suspect charged after 11 die in Vancouver car attack
Speed Read Kai-Ji Adam Lo drove an SUV into a crowd at the Lapu Lapu Day festival
-
Kenya arrests alleged ant smugglers
speed read Two young Belgians have been charged for attempting to smuggle ants out of the country to exotic pet buyers
-
Judge ends Eric Adams case, Trump leverage
Speed Read Federal corruption charges against New York City Mayor Eric Adams were dismissed, as requested by Trump's Justice Department
-
Texas arrests midwife on felony abortion charges
Speed Read Maria Margarita Rojas and an employee at one of her clinics are the first to be criminally charged under Texas' near-total abortion ban
-
South Carolina to execute prisoner by firing squad
speed read Death row inmate Brad Sigmon prefers the squad over the electric chair or lethal injection, his lawyer said
-
Mexico extradites 29 cartel figures amid US tariff threat
Speed Read The extradited suspects include Rafael Caro Quintero, long sought after killing a US narcotics agent
-
Leonard Peltier released from prison
Speed Read The Native American activist convicted of killing two FBI agents had his life sentence commuted by former President Joe Biden
-
Ex-Sen. Bob Menendez sentenced to 11 years
Speed Read The former New Jersey senator was convicted on federal bribery and corruption charges last year