Kaspersky Shuts Down US Operations Following Ban

Kaspersky is closing its US operations and laying off fewer than 50 employees following a ban by the Biden administration, which prohibits the sale and distribution of Kaspersky products in the US due to national security concerns. The company, which has been in the US for nearly 20 years, will cease software updates and malware signatures for existing customers by September 29, rendering its products ineffective. Kaspersky denies being a threat and plans to focus on other markets.