President Joe Biden signed an Executive Order that prohibits the operational use by the U.S. Government of commercial spyware that poses risks to national security or has been misused by foreign actors to enable human rights abuses around the world.
Commercial spyware has proliferated in recent years with few controls and high risk of abuse. Sophisticated and invasive cyber surveillance tools are sold by vendors to access electronic devices remotely, extract their content, and manipulate their components, all without the knowledge or consent of the devices' users.
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Business News
June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.