U.S. Slaps New Sanctions On North Korea Following Sony Hack

MarketWatch Pulse

The Obama administration has slapped new sanctions on the government of North Korea following the recent cyberattack on Sony Pictures Entertainment . The Treasury Department sanctioned the government-controlled Korea Mining Development Trading Corp. and two other entities, as well as 10 individuals who it said were officials of the North Korean government. A White House spokesman said the sanctions were a response to North Korea's "provocative, destabilizing, and repressive actions and policies, particularly its destructive and coercive cyber attack on Sony Pictures Entertainment."

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