Cybersecurity
For the First Time, the EU Imposes Sanctions For Cyber Attacks
- The bloc has levied penalties on China, Russia and North Korea
- The measures are aimed at deterring future online assaults
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Taking a firm geopolitical stand, the European Union imposed sanctions on targeted individuals and entities from Russia, China and North Korea in a sign that it was tackling cyber warfare head on.
As part of the measures, the six individuals and assets of the three institutions will be frozen and the people involved won’t be allowed entry into the bloc, the EU said in a statement on Thursday, adding that EU companies and individuals are forbidden from sending funds to those on the list.