“It’s one of the great paradoxes of our Information Age — the very technologies that empower us to do great good can also be used by adversaries to inflict great harm. The same technologies that help keep our military strong are used by hackers in China and Russia to target our defense contractors and systems that support our troops. Networks that control much of our critical infrastructure — including our financial systems and power grids — are probed for vulnerabilities by foreign governments and criminals. Cyber intrusions and attacks — many of them originating overseas — are targeting our businesses, stealing trade secrets, and costing American jobs. Iranian hackers have targeted American banks. The North Korean cyber attack on Sony Pictures destroyed data and disabled thousands of computers. In other recent breaches that have made headlines, more than 100 million Americans had their personal data compromised, including credit card and medical information. In response to these cyber threats, our government is using every tool at our disposal — including diplomacy, law enforcement, and cooperation with other nations and the private sector — to strengthen our defenses and detect, prevent, respond to, and recover from attacks. Still, it’s often hard to go after bad actors, in part because of weak or poorly enforced foreign laws, or because some governments are either unwilling or unable to crack down on those responsible. That’s why, with the new Executive Order I’m signing today, I’m for the first time authorizing targeted sanctions against individuals or entities whose actions in cyberspace result in significant threats to the national security, foreign policy, economic health or financial stability of the United States.” [Link]