Gate News reports that on March 7, U.S. President Trump signed an executive order on March 6 aimed at combating cybercrime and fraud targeting American citizens. The order requires the Secretary of State, Secretary of the Treasury, Secretary of Defense, Attorney General, and Secretary of Homeland Security to review existing frameworks within 60 days and submit an action plan within 120 days to address cybercriminal activities of transnational criminal organizations.
The order directs the establishment of an operational task force within the National Coordination Center responsible for coordinating federal efforts to detect, combat, and deter cybercrimes by foreign transnational criminal organizations. Additionally, it requires the Attorney General to submit recommendations within 90 days for establishing a victim recovery program, aimed at providing compensation to victims of online fraud from funds recovered, seized, or confiscated from criminal organizations.
On the international level, the order calls for the Secretary of State to engage with countries that tolerate such criminal activities. Possible measures include restricting foreign aid, targeted sanctions, visa restrictions, trade penalties, and expelling involved foreign officials.
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