The Obama administration recently launched a program to aid in the battle against overseas cyber criminals. Under the newly signed executive order, those cyber criminals can be sanctioned, having their assets and other financial transactions frozen. The order focuses on foreign nationals that launch cyber attacks that threaten U.S. interests. The program is fairly broad, and like many anti-terrorism laws, highly discretionary. The federal government is pulling out the stops to help the onslaught of what feels like a global cyber war on Western companies. Many have been crying for federal help. This is a step in that direction.
For many around the world, cyber security (especially DDoS mitigation) companies and the field of information security, this has very important ramifications. The potential overreach and compliance issues can have dramatic impact.