Publications

When it comes to American policy toward the Islamic Republic of Iran, one approach has tended to crowd out all others. Over time, economic sanctions have come to be seen as something of a catch-all—a panacea of sorts for the West's nagging problem with the Iranian regime and its persistent nuclear ambitions. As a result, policymakers in Washington, as well as their counterparts across the Atlantic, have invested tremendous time and energy in crafting an elaborate framework of economic pressure against the Iranian regime.

Late last month, many Americans experienced difficulties accessing their digital bank accounts and the Web sites of their financial institutions. The culprit wasn't a simple computer glitch, but a series of coordinated cyberattacks aimed at the U.S. financial sector.