The move comes as the Commerce Department prepares to enforce a new ban on its products.
Kaspersky Lab 's stand at Mobile World Congress in Barcelona, Spain in 2022. Photo by Pau Barrena/AFP via Getty Images.
Kaspersky Lab said Monday it will start winding down its U.S. operations and lay off U.S.-based employees next month following a recent Commerce DepartmentKaspersky, the Russia-based antivirus and threat intelligence vendor, had previously vowed to fight the forthcoming Commerce Department ban on its antivirus software.
The action bans new installations of Kaspersky Lab's antivirus software starting July 20. Existing U.S. customers will stop receiving product updates on Sept. 29."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," the company said in a statement.
"Kaspersky has been operating in the U.S. for close to 20 years, contributing to the nation's strategic cybersecurity goals by safeguarding organizations and individuals in the country from ever-evolving cyberthreats."that it helps Moscow conduct cyber espionage, national security experts fear the company could still face pressure to share customer information under Russian law.The closure of the U.S.
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