Kaspersky Shuts Down US Operations Following Commerce Department Ban

1 min read
Source: Yahoo Finance
Kaspersky Shuts Down US Operations Following Commerce Department Ban
Photo: Yahoo Finance
TL;DR Summary

Kaspersky is shutting down its U.S. operations following a Commerce Department ban on its software, citing national security risks due to the company's Russian connections. The decision impacts fewer than 50 employees and ends nearly 20 years of Kaspersky's presence in the U.S. The company disputes the security threat claims, arguing the ban is based on geopolitical concerns rather than verified risks.

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