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EU Gets New Sanction Powers To Tackle Cyberattacks

Law360, London (May 17, 2019, 7:24 PM BST) -- Individuals and businesses that orchestrate or are involved in cyberattacks, including by providing financial support to the main plotters, will be hit with EU-wide sanctions such as travel bans or asset freezes under a new enforcement regime launched by the European Council on Friday.

The new powers will apply to cyberattacks deemed to have had a "significant impact" on the bloc, the Council said. Attacks that originate or use technology from outside the EU, or which are carried out by or with help from somebody outside the EU, will also be targeted by the regime.

"The EU recognizes that cyberspace offers...

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