US declares cybercrime a ‘national emergency’, threatens sanctions against hackers, online espionage

The White House has set out plans to use economic sanctions against cyber attackers and companies that benefit from the online theft of secrets.

An executive order authorises a set of new sanctions against individuals or groups whose cyber attacks result in significant threats to US national security or economic health.

It gives authorities the power to freeze assets, and also allows sanctions to be applied against companies that knowingly use stolen trade secrets….

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