Friday, 14 August 2026

United States Moving Forward with Privateering Against Cybercrime

On August 12, 2026, President Trump issued a Presidential Memoranda essentially providing the groundwork for a government program sanctioning private industry to pursue international cyber criminals engaged in hacking.  The Presidential Memoranda is available, here.  The Memoranda states, in part:

The American private sector is the most innovative and technologically advanced in the world, and its scale, speed, and capacity secure a critical offensive cyber advantage for the United States.  Yet, American businesses’ innovative capabilities have historically been underutilized in efforts to identify and disrupt criminal networks operating in cyberspace.  Thus, it is the policy of the United States to use all instruments of national power, including the innovative capabilities of the private sector, to combat cybercrime.  By partnering with vetted United States companies subject to the direction and oversight of the Federal Government, we will enhance our ability to counter TCO threats and combat transnational cybercrime, fraud, and other predatory schemes against American citizens.