EU gets go ahead to impose sanctions on individuals, entities associated with cyber crimes

LONDON, United Kingdom – The council, the most powerful organ of the European Union(EU) has established a framework which allows the EU to impose targeted restrictive measures to deter and respond to cyber-attacks which constitute an external threat to the EU or its member states.

It also  includes cyber-attacks against third States or international organisations where restricted measures are considered necessary to achieve the objectives of the Common Foreign and Security Policy (CFSP).

“Cyber-attacks falling within the scope of this new sanctions regime are those which have significant impact and which: originate or are carried out from outside the EU or use infrastructure outside the EU orare carried out by persons or entities established or operating outside the EU orare carried out with the support of person or entities operating outside the EU.

“Attempted cyber-attacks with a potentially significant effect are also covered by this sanctions regime”, the EU said in a statement.

More specifically, this framework allows the EU for the first time to impose sanctions on persons or entities that are responsible for cyber-attacks or attempted cyber-attacks, who provide financial, technical or material support for such attacks or who are involved in other ways.

“Sanctions may also be imposed on persons or entities associated with them”, the EU said, while restrictive measures include a ban on persons travelling to the EU, and an asset freeze on persons and entities. In addition, EU persons and entities are forbidden from making funds available to those listed.