Kaspersky’s American Exit: Cybersecurity Giant Pulls the Plug After U.S. Ban

Kaspersky Lab is closing its U.S. business and laying off workers after a U.S. ban on its software.

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Hot Take:

Kaspersky’s American Dream: From Russia with Love, Ending with a Ban!

Key Points:

  • Kaspersky Lab is closing its U.S. business and laying off its U.S.-based workers.
  • The shutdown follows a U.S. Commerce Department ban on the sale of Kaspersky software starting July 20.
  • Kaspersky has been operating in the U.S. since 2005.
  • The company initially planned to challenge the ban in court but has decided to comply.
  • Operations will “gradually wind down” as a result of the new ban.

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