US cybercrime and fraud response under Executive Order 14390

COMBATING CYBERCRIME, FRAUD, AND PREDATORY SCHEMES AGAINST AMERICAN CITIZENS Executive Order 14390 By the authority vested in me as President by the Constitution and the laws of the United States of America, it is hereby ordered: Section 1. Purpose and Policy. Cybercrime, fraud, and predatory schemes are draining American families of their life savings, stealing the benefits of years of work, and destroying the lives of our youth. These activities — which include deploying ransomware and malware, phishing, financial fraud, “sextortion” and other extortion schemes, impersonation, and more — are often coordinated campaigns carried out by Transnational Criminal Organizations (TCOs) aimed at the most vulnerable among us. In many cases, foreign regimes provide willing or tacit state support to cybercrime and predatory schemes, creating a shadow economy fueled by stolen identities, coercion,...