Russian Cybersecurity Firm Exits US Market Following Ban

Written by Camilla Jessen

Jul.16 - 2024 8:33 AM CET

Business
Photo: Shutterstock.com
Photo: Shutterstock.com
Kaspersky Labs will gradually cease its US operations starting July 20.

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The Russian cybersecurity firm Kaspersky Labs has announced that it will begin winding down its operations in the United States on July 20.

This decision comes nearly a month after the Biden administration revealed plans to ban sales of Kaspersky's software in the country, citing security risks linked to Russia's influence over the company.

This development was covered by Reuters.

Kaspersky Labs has announced it will eliminate all US-based jobs.

The firm has already stopped selling its products on its website for US customers, with a message stating "purchase unavailable for U.S. customers."

Government Actions

Last month, US Commerce Secretary Gina Raimondo announced plans to ban the sale of Kaspersky's antivirus software in the United States due to potential security threats from the company's ties to Russia.

In June, the US government also imposed sanctions on Kaspersky's senior leaders, including the chief business development officer, chief operating officer, legal officer, and corporate communications chief.

The new US restrictions on Kaspersky software, which include banning downloads of software updates, resales, and licensing, will take effect on September 29. New business deals with Kaspersky in the US were blocked 30 days after the initial announcement on June 20.