President Donald Trump signed a national security memorandum on August 12 authorizing vetted U.S. companies to conduct offensive cyber operations against foreign criminal networks. Participating firms must post a bond of at least $1 million, operate under the direction of the Department of Justice and the Department of Homeland Security, and obtain written approval from two executive directors before any action. Americans reported over $20.8 billion in losses to cyber-enabled crime in 2025, with cryptocurrency scams alone costing an estimated $80.7 billion. The program explicitly prohibits operations that would cause critical outcomes and requires immediate cessation of any action targeting a U.S. person or U.S.-based system.
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