Ahead of a landmark agreement between the US and China over cyberespionage, Chinese authorities arrested several hackers sought by the US.
Tag Archives: sanctions
Should the US hit China with sanctions over cyberespionage?
The Obama administration is developing economic sanctions against China for cyberespionage against US companies. Are sanctions likely to succeed in deterring China? Or will they only invite retaliation that will damage the world economy?
Obama signs executive order to sanction foreign hackers
Obama signed a new executive order on Wednesday (1 April 2015) authorizing financial sanctions against foreign hackers, and companies that knowingly benefit from cyberattacks against US interests.
PayPal in trouble over Weapons of Mass Destruction (sort of)
PayPal just agreed to pay up $7.6M to the US Treasury for allegedly failing to block transactions that fell foul of sanctions laws.