According to a press release that just hit the Treasury Department's website, President Barack Obama has issued an executive order that calls for even more restrictive sanctions on North Korea for its role in the massive hack attack on Sony Pictures late last year. In his words, the new financial clampdown is because of North Korea's "destructive, coercive cyber-related actions during November and December."
"Today's actions are driven by our commitment to hold North Korea accountable for its destructive and destabilizing conduct," Treasury Secretary Jacob Lew said in a statement. "Even as the FBI continues its investigation into the cyber-attack against Sony Pictures Entertainment, these steps underscore that we will employ a broad set of tools to defend U.S. businesses and citizens, and to respond to attempts to undermine our values or threaten the national security of the United States."
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