President Barack Obama on Wednesday created the first sanctions program that would allow the U.S. to penalize individuals and entities overseas who engage in malicious cyberattacks and cyber spying. "Cyber threats pose one of the most serious economic and national security challenges to the United States," Obama said in a statement after signing an executive order creating the sanctions regime. The order gives the U.S. the authority to sanction individuals, though no specific penalties were announced. Obama said the sanctions would apply to those engaged in malicious cyber activity that aims to harm critical infrastructure, damage computer systems, and steal...