The Trump administration today unveiled a new program that will allow vetted U.S. companies to conduct cyber surveillance and offensive cyber operations against foreign transnational criminal organizations. A presidential memorandum signed August 12 directs the National Coordination Center to establish and manage the program, expanding the government's fight against cybercrime by tapping the technical capabilities of the private sector. It builds on a March executive order that called for greater private-sector involvement, but goes significantly further by establishing a formal operational framework for the initiative.

The White House argues that American companies possess a "critical off...