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New US Sanctions Target Overseas Cyber Attackers

The Obama administration on Wednesday launched the first-ever sanctions program to financially punish individuals and groups outside the United States that are engaged in malicious cyber attacks. U.S. President Barack Obama, in an executive order, declared such activities a “national emergency” and allowed the U.S. 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...

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