Obama administration reportedly considering fines, trade penalties for cybertheft

The White House is reportedly considering fines and other trade…

The White House is reportedly considering fines and other trade penalties against China or any other country guilty of cyberattacks amid evidence of an unrelenting cyber espionage campaign linked to the Chinese government.

The Associated Press reported Wednesday that the actions are being considered as part of the Obama administration’s response to a report that claimed the Chinese army is behind a series of cyberattacks on U.S. companies.

Officials familiar with the administration’s plans spoke on condition of anonymity because they were not authorized to speak publicly about the threatened action.

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