WASHINGTON – The Obama administration on Wednesday launched the first-ever sanctions programme to financially punish individuals and groups outside the United States that are engaged in malicious cyber attacks.US President Barack, in an executive order, declared such activities a “national emergency” and allowed the US Treasury to freeze the assets and bar other financial transactions of entities engaged in cyber attacks.Under the program, first reported by the Washington Post, cyber attackers or those who conduct commercial espionage in cyberspace can be listed on the official sanctions list of specially designated nationals, a deterrent long-sought by the cyber community.The move, which …read more
Source: AsiaOne
