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Obama unveils sanctions program to fight cyberattacks

President Barack Obama ordered a new sanctions program which could block assets of US and foreign hackers and of companies that seek to profit from cyberattacksPresident Barack Obama on Wednesday ordered a new sanctions program that 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 that the 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 on the Medium website.

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