Kaspersky Execs Sanctioned: OFAC’s Cybersecurity Crackdown Hits Hard

The U.S. Treasury sanctioned 12 Kaspersky Lab executives but spared the company itself and its CEO, Eugene Kaspersky. This follows a Commerce Department ban, highlighting America’s cybersecurity stance.

Hot Take:

The U.S. Treasury’s latest sanctions on Kaspersky executives are essentially a “Snip, Snip” of Russia’s cyber mustache. While Kaspersky’s CEO remains unscathed, the rest of the C-suite is now on Washington’s naughty list. It’s like banning the Avengers, but letting Tony Stark walk free.

Key Points:

  • The OFAC has sanctioned 12 senior leaders at Kaspersky Lab.
  • The Commerce Department has banned Kaspersky from doing business in the U.S. starting July 2024.
  • The sanctions don’t affect Kaspersky’s parent company or its CEO, Eugene Kaspersky.
  • The U.S. claims the sanctions are to protect against cyber threats.
  • Russia claims the move is aimed at stifling competition with American products.

Membership Required

 You must be a member to access this content.

View Membership Levels
Already a member? Log in here