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.
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