In what looks like the opening salvo in response to the major cyberattack on Sony Pictures Entertainment, the United States slapped North Korea with a new round of sanctions last Friday when President Obama signed an Executive Order authorizing the imposition of sanctions and designated 3 entities and 10 individuals for being agencies or officials of the North Korean government.
According to a Treasury Department statement:
The identifiers of these 10 individuals are:
But the US government knew sanctions have had limited impact on the Hermit Kingdom. The new sanctions might be deemed as swift and decisive measures in some quarters but it is really nothing more than a window-dressing of sorts – much like animating a gun with one’s fingers under a coat as a first warning at best. Consider, for example, what kind of impact should one expect from these new sanctions anyway? The 3 organizations were already on the US sanctions list and the 10 North Koreans are highly unlikely to have assets in the US, at least not under their name.
In any case, the horizon ahead of 2015 is likely to be proliferated with more headlines about catastrophic data breaches.
And the Sony cyberattack actually pale in comparison to other data breaches on record, as shown (below) by independent data journalist and information designer David McCandless – you can also click on the bubbles to find out about these cases shown in the chart and table nicely compiled and presented in his blog.