Obama creates sanctions for cybercriminals

Washington, D.C. – President Barack Obama has signed an executive order creating sanctions for cybercriminals who engage in crimes against the U.S. from foreign locations. The order allows the U.S. to impose sanctions on individuals who harm critical infrastructure, damage computer systems, or steal trade secrets, and sensitive information through cyberattacks based outside the U.S.



The order does not specify what type of sanctions can be imposed.



"Cyber threats pose one of the most serious economic and national security challenges to the United States," Obama said in a statement.