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Cyber Attacks Not an April Fool: New Executive Order

No designations yet, but yesterday OFAC published a notice of a new Executive Order establishing a new sanctions program for individuals involved in cyber attacks and the like:

This authority allows for the imposition of sanctions on individuals and entities determined to be responsible for or complicit in malicious cyber-enabled activities that result in enumerated harms that are reasonably likely to result in, or have materially contributed to, a significant threat to the national security, foreign policy, or economic health or financial stability of the United States.

Links:

OFAC Notice

Executive Order

 

Categories: Cyber sanctions Executive Orders OFAC Updates

eric9to5

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