July 15, 2024 at 03:55PM Kaspersky Lab, a Russian cybersecurity company, will begin shutting down its US operations on July 20, including laying off its US employees, following sanctions from the US Treasury Department and Department of Commerce. The company cited the US legal requirements and business viability as reasons for the decision. After a … Read more
June 22, 2024 at 02:18AM The U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) imposed sanctions on 12 senior leaders of Kaspersky Lab after the company was banned by the Commerce Department over national security concerns. The sanctions do not extend to the company itself or its founder. Russia has criticized the … Read more
June 21, 2024 at 04:27PM The US Treasury Department sanctioned a dozen executives of Kaspersky Lab due to national security threats, preventing US persons and entities from doing business with them. Despite this, CEO Eugene Kaspersky was spared. The move aligns with previous actions, including a ban on Kaspersky products in US government networks, citing … Read more
June 21, 2024 at 01:34PM The US Treasury Department’s Office of Foreign Assets Control (OFAC) has sanctioned twelve Kaspersky Lab executives for their involvement in the Russian technology sector, following the Biden administration’s ban on sales and software updates for Kaspersky antivirus software in the USA. The sanctions include asset freezes and restrictions on conducting … Read more