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Reuters

President-elect Joe Biden's team will consider several options to punish Russia for its suspected role in the unprecedented hacking of U.S. government agencies and companies once he takes office, from new financial sanctions to cyberattacks on Russian infrastructure, people familiar with the matter say. The response will need to be strong enough to impose a high economic, financial or technological cost on the perpetrators, but avoid an escalating conflict between two nuclear-armed Cold War adversaries, said one of the people familiar with Biden's deliberations, speaking on condition of anonymity. The overarching goal of any action, which could also include stepped-up counter cyber espionage efforts, would be to create an effective deterrence and diminish the potency of future Russian cyber spying, the person said.