Asia Insurance Post
  • Home
  • Articles
  • Blog
  • Data
  • Facts
  • Editorial
  • Interviews
Select Page

Russian cybersecurity firm Kaspersky Labs to wind down US operations

by AIP Online Bureau | Jul 18, 2024 | International News, Technology | 0 comments

Kaspersky Labs will gradually wind down its U.S. operations from July 20, the Russian anti-virus software maker said on Monday, nearly a month after the Biden administration announced plans to bar sales of the company in the country.

Kaspersky, which will eliminate all U.S.-based positions, did not allow consumers to purchase any products on its website earlier in the day, citing “purchase unavailable for U.S. customers.”

Last month, U.S. Commerce Secretary Gina Raimondo announced plans to bar the sale of anti-virus software made by Kaspersky in the country, citing security risks posed by Russia’s influence on the cybersecurity company.

The government also slapped sanctions in June on Kaspersky’s senior leadership, including the chief business development officer, chief operating officer, legal officer and corporate communications chief, citing cybersecurity risks.

The news of the company’s plan to leave the U.S. was first reported by CNN.

The new restrictions by the U.S. government on inbound sales of Kaspersky software, which would bar downloads of software updates, resales and licensing of the product, will come into effect on Sept. 29.

New U.S. business for Kaspersky are to be blocked 30 days after the restrictions were first announced on June 20.

Submit a Comment Cancel reply

Your email address will not be published. Required fields are marked *

Recent Posts

  • India,Middle East,and Africa see declining P&C rates in Q12026, says Marsh
  • Quitting tobacco could give economic boost to over 20.5 mn households in India: Analysis
  • IMD issues comprehensive heatwave guidance as temperatures rise across regions
  • India’s first digital enumeration Census 2027 to boost data-driven policymaking
  • SBI General reports an 8.6% rise in net profit to Rs 553 crore

Categories

  • Articles
  • Banking & Bancassurance
  • Blog
  • Breaking News!
  • Briefs
  • Climate, Environment, Renewable Energy
  • Data
  • Disaster & Management
  • Eco/Invest/Demography
  • Editorial
  • Events
  • Facts
  • Features
  • Health
  • Indian News
  • Intermediaries
  • International News
  • Interviews
  • Life
  • Main Menu
  • Non-Life
  • Pandemic
  • Pension & Social Security
  • Policy
  • Regulation
  • Reinsurance
  • Risk Management
  • Simple
  • Technology
  • Trends, Facts
  • Uncategorized
  • Wealth Management/ Philanthropy
  • Workplace/Employee Benefits
  • Home
  • Articles
  • Blog
  • Data
  • Facts
  • Editorial
  • Interviews
  • Eco/Invest/Demography
  • Indian News
  • International News
  • Health
  • Non-Life
  • Pandemic
  • Technology
  • Risk Management
  • Reinsurance
  • Banking & Bancassurance
  • Wealth Management/ Philanthropy