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(10,575 posts)
Fri Jan 2, 2015, 03:13 PM Jan 2015

President Obama Sanctions North Korea After Sony Cyberattack [View all]

Source: ABC News

President Obama has signed an executive order imposing new sanctions on North Korea following last month’s cyber-attack on Sony Pictures Entertainment.

In issuing the order, Obama accuses North Korea of “destructive, coercive cyber-related actions during November and December,” calling them a “continuing threat to the national security, foreign policy and economy of the United States.”

Before leaving for his Hawaii vacation, the president had said he would respond to the attack “proportionally” in a time and manner of his choosing. Today's action is “the first aspect of our response,” White House spokesman Josh Earnest said in a statement.

The order authorizes the Treasury Department to shutdown access to the U.S. financial system, prohibiting transactions and freezing assets, for specific officials and entities of the DPRK and anyone who supports them.

Read more: http://abcnews.go.com/Politics/obama-sanctions-north-korea-sony-cyberattack/story?id=27965524

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