Subj : Kaspersky shuts down all US operations following ban
To   : All
From : TechnologyDaily
Date : Tue Jul 16 2024 13:45:06

Kaspersky shuts down all US operations following ban

Date:
Tue, 16 Jul 2024 12:42:30 +0000

Description:
Following the ban on Kaspersky products, the security company is officially 
exiting the US market.

FULL STORY
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Following the r ecent US ban on the sale of all Kaspersky products , the 
Moscow based cybersecurity and antivirus provider has announced its US based 
business will be permanently closed, and workers will be laid off. 

Russias initial interference and subsequent invasion of Ukraine has damaged 
an already troubled relationship, and deepened US suspicions around the use 
of Kaspersky software. 

The ban comes into place on July 20 2024, which is when Kaspersky will begin 
its winding down process (via Zero Day ). Kaspersky to exit US 

Back in 2017, Kaspersky faced its first restrictions after the Department of 
Homeland Security banned Kaspersky software from use in all government 
departments and agencies, which was then followed up in 2018 with a ban from 
all US military systems. US officials frequently cite Kasperskys Russian 
roots and worries that the Kremlin could force the company to provide access 
to Kaspersky operations. 

In reaction to the ban, Kaspersky initially said that it would fight the ban 
in court, however this latest revelation seems to indicate that Kaspersky has 
accepted its fate. A statement said, The company has carefully examined and 
evaluated the impact of the U.S. legal requirements and made this sad and 
difficult decision as business opportunities in the country are no longer 
viable. 

Kaspersky has frequently denied that the Russian government holds any sway or 
influence over the company. Speaking on a phone call to reporters, US 
Secretary of Commerce Gina Raimondo said, Given the Russian governments 
continued offensive cyber capabilities and capacities to influence Kasperskys 
operations ... we have to take the significant measure of a full prohibition 
if were going to protect Americans and their personal data. 

When Americans have software from companies owned or controlled by countries 
of concern  such as Russia, such as China  integrated into their systems... 
those countries can use their authority over those companies to abuse that 
software to access and potentially exploit sensitive U.S. technology and 
data, Raimondo concluded. 

Kaspersky confirmed that withdrawing from the US market would affect less 
than 50 employees in the U.S. However, a report by the company last year 
suggested that the US market comprises just under 10% of its total revenue, 
and that Kaspersky software protects more than a million endpoints  in the 
US. 

The Commerce Department has placed Kaspersky on its trade-restrictions list, 
preventing US companies from doing any further business with the Moscow-based 
company. More from TechRadar Pro These are the best firewalls around today 
AT&T apparently paid a hacker big bucks to delete stolen phone record data 
Take a look at our guide to the best malware removal



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Link to news story:
https://www.techradar.com/pro/kaspersky-shuts-down-all-us-operations-following
-ban


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