Law360, New York (March 29, 2016, 6:44 PM EDT) -- President Barack Obama on Tuesday renewed his authority to hit cybersecurity violators with harsh economic sanctions after determining that U.S. government and corporate interests are still at risk for crippling attacks online.
With the release of a brief notice and a letter to leaders in both chambers of the U.S. Congress, Obama said the nation is still facing a state of emergency regarding cyberintrusions and renewed the terms of an executive order he issued nearly one year ago, articulating the need for sanctions authority.
“Significant malicious cyber-enabled activities originating from, or directed by persons located, in whole or in substantial part,...
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