President Obama on Friday, issued an executive order, imposing new sanctions against North Korea for their alleged role in cyber attacks and threats against Sony and other movie industry companies. Sony was the distributor of “The Interview”, a satirical comedy that involving a plot to assassinate North Korean dictator Kim Jong Un. The studio received threats saying that theaters showing the film would be attacked. Sony initially canceled the premiere of the film, but later changed its mind. It is now available in certain theaters and online. Sony declined to comment on the sanctions Friday.
Under the new order from the President, Treasury Department officials immediately sanctioned two Korean trading companies, a North Korean government agency and ten other individuals; They include the spy agency Reconnaissance General Bureau, arms dealer Korea Mining Development Trading Corp. and defense research arm Korea Tangun Trading Corp. They go into effect immediately. The sanctions are the administration’s first official action against North Korea since announcing before Christmas that the FBI had concluded the reclusive nation is responsible for the Thanksgiving attack against Sony. The United States has routinely used sanctions against countries that have cracked down on internal dissent on the internet, but this marks a first for a country to be sanctioned for a cyber-attack against.…READ MORE….
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