US President to impose mandatory sanctions on Critical Cyber Threat Actors

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US President Donald Trump is all set to impose mandatory sanctions on Critical Cyber Threat Actors soon. Yes, the above-stated words will turn into a reality if a new bipartisan bill introduced in the Senate receives an endorsement from the Trump & administration.

Sens. Cory Gardner and Chris Coons have introduced the bill “The Cyber Deterrence and Response Act” which makes mandatory sanctions against all adversaries and people who are responsible for attacking the IT infrastructure in the United States.

How the bill will take its shape and how the on-paper rules will be implemented is still a mystery. But if in case, the bill gets an approval, then Trump is sure to spit fire against all those who are going against its objective of making America ‘Great’, if not the greatest.

The legislation states that all state-sponsored cyber activities that are putting a dent on the economic health and national security of United States will have to face the wrath of the American Government. This includes all countries like China, Iran, and Russia that try to use cyber attacks to undermine American security and prosperity.

As per the sources reporting to Cybersecurity Insiders, the sanctions will also be imposed on suspects tied to Putin’s regime. So, Americans involved in Russian energy projects will also be blocked from transposing high dollar real estate transactions.

What’s more interesting is the fact that the bill will also make it mandatory to investigate and disclose facts of Vladimir Putin’s net worth of movable and immovable assets- estimated to be valued between $70 billion ~ $200 Billion.

Wonder what will the White House do with Putin’s riches….any guesses?

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Naveen Goud is a writer at Cybersecurity Insiders covering topics such as Mergers & Acquisitions, Startups, Cyber Attacks, Cloud Security and Mobile Security

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