Obama unveils sanctions effort to combat cyberattacks
President Barack Obama ordered a new sanctions program Wednesday which could block assets of US and foreign hackers and of companies that seek to profit from cyberattacks. Obama said the threat from cyberattacks was a "national emergency" and the new sanctions could help strike back against those involved in attacks on US targets. "Starting today, we're giving notice to those who pose significant threats to our security or economy by damaging our critical infrastructure, disrupting or hijacking our computer networks, or stealing the trade secrets of American companies or the personal information of American citizens for profit," Obama said in a blog post released by the White House. He added that cyber threats "pose one of the most serious economic and national security challenges to the United States," and that the sanctions will take aim both at hackers and "against companies that knowingly use stolen trade secrets to undermine our nation's economic health." Obama said in his statement that hackers in China, Russia and Iran were among those attacking US targets and added that "it's often hard to go after bad actors, in part because of weak or poorly enforced foreign laws, or because some governments are either unwilling or unable to crack down on those responsible." The announcement comes amid an epidemic of incidents reported in recent months, including a devastating attack against Sony Pictures, and data breaches that stole credit card or health data on tens of millions of Americans.
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