US Treasury Authorized to Impose Sanctions against Perpetrators of Cyber-Attacks

By Jenny Park

In December, the White House blamed North Korea for hacking Sony Pictures (Sony’s confidential information was leaked and the hackers threatened attacks on movie theaters that would play The Interview, a political satire comedy poking fun at Kim Jong-un). Now, the White House has authorized the US Treasury discretionary power to impose sanctions against perpetrators of cyber-attacks on US assets and infrastructure. President Obama declared cyber-attacks as “one of the most serious economic and national security challenges.” The White House stressed that this new power will not target internet free speech and will not replace traditional law enforcement responses to cyber-attacks.