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home / articles / TECH - Biden Administration To Ban Sale Of Russia-Linked Kaspersky Software In US Over National Security Concerns: Report | Benzinga


TECH - Biden Administration To Ban Sale Of Russia-Linked Kaspersky Software In US Over National Security Concerns: Report | Benzinga

The Biden administration is reportedly set to ban the sale of Russian cybersecurity firm Kaspersky Lab’s software in the United States, citing potential national security risks.

What Happened: The ban, set to be announced on Thursday, is a result of Kaspersky Lab’s close ties to the Russian government, Reuters reported. The ban will affect Kaspersky’s large U.S. customers, including critical infrastructure providers and state and local governments.

The ban will be accompanied by the addition of the cybersecurity company to a trade restriction list, which will further damage the company’s reputation and potentially impact its overseas sales.

See Also: In Trump Vs. Biden Race, Big Lead For One Candidate In Iowa ...

Full story available on Benzinga.com

Stock Information

Company Name: Bio-Techne Corp
Stock Symbol: TECH
Market: NASDAQ
Website: bio-techne.com

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