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Tag: sourceedit
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This [[Executive Order]] permits the U.S. Government to block the property and interest in property of any person or entity it finds to be responsible for or complicit in, [[cyber]]-enabled activities originating from, or directed by persons located, outside the United States that are reasonably likely to result in a significant [[threat]] to the [[national security]], [[foreign policy]], or economic health or financial stability of the United States.
 
This [[Executive Order]] permits the U.S. Government to block the property and interest in property of any person or entity it finds to be responsible for or complicit in, [[cyber]]-enabled activities originating from, or directed by persons located, outside the United States that are reasonably likely to result in a significant [[threat]] to the [[national security]], [[foreign policy]], or economic health or financial stability of the United States.
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The order declares "significant malicious cyber-enabled activities" a "national emergency" and enables the [[Treasury Secretary]] to target foreign individuals and entities that take part in the illicit [[cyberactivity]] for sanctions that could include freezing their financial assets and barring commercial transactions with them.
   
 
The [[Treasury Department]]'s Office of Foreign Assets Control (OFAC) will maintain the list of Specially Designated Nationals (SDNs) as the foreign [[cyber attacker]]s become known.
 
The [[Treasury Department]]'s Office of Foreign Assets Control (OFAC) will maintain the list of Specially Designated Nationals (SDNs) as the foreign [[cyber attacker]]s become known.

Revision as of 17:39, 7 October 2015

Citation

The White House, Executive Order 13694: Blocking the Property of Certain Persons Engaging in Significant Malicious Cyber-Enabled Activities (Apr. 1, 2015) (full-text).

Overview

This Executive Order permits the U.S. Government to block the property and interest in property of any person or entity it finds to be responsible for or complicit in, cyber-enabled activities originating from, or directed by persons located, outside the United States that are reasonably likely to result in a significant threat to the national security, foreign policy, or economic health or financial stability of the United States.

The order declares "significant malicious cyber-enabled activities" a "national emergency" and enables the Treasury Secretary to target foreign individuals and entities that take part in the illicit cyberactivity for sanctions that could include freezing their financial assets and barring commercial transactions with them.

The Treasury Department's Office of Foreign Assets Control (OFAC) will maintain the list of Specially Designated Nationals (SDNs) as the foreign cyber attackers become known.