Purpose

The purposes of this Act are— (1) to authorize the President to issue cyber letters of marque and reprisal to commission private persons and entities to conduct limited cyberspace operations; (2) to deter and disrupt real-world and cyber command and control structures and cyber operations against the United States, entities within the United States, or persons within the United States; (3) to deter and disrupt cyberthreats, provide for compensation for successful private action modeled upon historic privateering on the high seas, and modernize such ancient tactics to deter modern threats; (4) to facilitate the return of stolen funds to American victims of cyber-enabled crime; and (5) to empower the private sector to protect victims, disrupt illicit networks in real time, and ensure that lawful digital asset innovation can continue to grow safely.