Odaily Odaily reports that on March 6, US President Trump signed an executive order requiring the Secretary of State, the Secretary of the Treasury, the Secretary of War, the Attorney General, and the Secretary of Homeland Security to review the existing framework within 60 days and submit an action plan against transnational cybercrime activities within 120 days. The order directs the establishment of an action group within the National Coordination Center to coordinate federal-level efforts to detect, combat, and deter foreign transnational cybercrime activities.
The order requires the Attorney General to submit recommendations within 90 days for a victim recovery program aimed at providing compensation to victims of online fraud from funds recovered, seized, or confiscated by criminal organizations. At the international level, the order requires the Secretary of State to engage with countries that tolerate such criminal activity, potentially taking measures such as restricting foreign aid, targeted sanctions, visa restrictions, trade penalties, and expelling foreign officials involved.
