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ARTICLE · 20 MAY 2015

President Obama Announces New Sanctions Program For Malicious Cyber Actors

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On April 1, President Obama issued Executive Order 13964, in which he declared a national emergency relating to foreign "malicious cyber-enabled activities."

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On April 1, President Obama issued Executive Order 13964, in which he declared a national emergency relating to foreign "malicious cyber-enabled activities." The Order authorizes the Treasury to freeze the assets of malicious cyber actors, including those who harm or significantly compromise critical infrastructure and other major computer networks or cause significant "misappropriation of funds or economic resources, trade secrets, personal identifiers, or financial information."

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