White House authorizes private US companies to hack foreign criminal networks
Trump memorandum authorizes vetted private US companies to conduct government-supervised offensive cyber operations against foreign criminal networks.
The National Security Presidential Memorandum signed August 12 lets vetted private companies run offensive cyber operations against transnational criminal organizations behind ransomware, phishing and sextortion, under US government oversight. The Homeland Security Task Force's National Coordination Center, led by DOJ and DHS executive directors, must give written approval for both Cyber Surveillance Operations and Cyber Effects Operations. Participating companies must post a $1 million bond or escrow, undergo annual review, and notify authorities if they unintentionally target US persons or systems.