Trump signs memo calling for cyber privateers to conduct cyberattacks abroad against criminal groups targeting Americans — but they have to escrow $1 million to join

An image of a digitized skull and crossbones symbolizing hacking and cyberattacks overlayed on a background of digital glitches and noise.

• US government to allow private firms to conduct legal cyberattacks on foreign organizations targeting Americans
• Firms will be allowed to disrupt and destroy physical and virtual information systems and networks
• US victims of cyber scams and fraud lose around $20,000

President Trump has signed a memo which allows private US firms to partner with the US government in operations designed to surveille and disrupt Transnational Criminal Organizations (TCOs).