Obama authorizes sanctions to combat cybercrime

Obama authorizes sanctions to combat cybercrime
(Image credit: Kristoffer Tripplaar-Pool/Getty Images)

President Obama on Wednesday signed an executive order authorizing sanctions against people, businesses, and governments that "engage in malicious cyber-enabled activities" against the U.S.

"Cyber threats pose one of the most serious economic and national security challenges to the United States, and my Administration is pursuing a comprehensive strategy to confront them," Obama said in a statement.

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Jon Terbush

Jon Terbush is an associate editor at TheWeek.com covering politics, sports, and other things he finds interesting. He has previously written for Talking Points Memo, Raw Story, and Business Insider.