Hacked U.S. companies have more options, departing cybersecurity official says


“The Obama administration’s power to impose economic sanctions in response to malicious cyberspace acts gives companies that have been hacked by foreign governments a new way to deter adversaries and prevent them from reaping the rewards of their intrusions, a former senior U.S. official said.

The sanctions tool, which was authorized by an executive order last April 1, has not been used yet. But it is one of the cutting-edge initiatives that Luke Dembosky, until this week the top cybersecurity official in the Justice Department’s national security division, was involved in during his 14 years at the department.

It is important that the sanctions tool “be used soon so that those who carry out significant cyberattacks on U.S. interests know that we mean business,” said Dembosky, who will soon join the law firm of Debevoise & Plimpton.”