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Kaspersky Kicked to the Curb: US Ban Forces Exit Amid Cybersecurity Concerns
Kaspersky to exit US market following ban. Moscow-based cybersecurity firm will close its US operations, impacting less than 50 employees. This decision comes amid heightened US suspicions over Kaspersky’s ties to the Russian government.
Hot Take:
Looks like Kaspersky’s American Dream has turned into a cybersecurity nightmare. If you’re a Kaspersky employee in the U.S., it’s time to update that LinkedIn profile! Also, anyone else feeling the irony of a cybersecurity company getting the boot over security concerns?
Key Points:
- Kaspersky exits U.S. market following a ban on its products.
- The ban takes effect on July 20, 2024.
- Kaspersky will lay off fewer than 50 U.S. employees.
- The U.S. market accounts for less than 10% of Kaspersky’s revenue.
- U.S. officials cite security risks due to Kaspersky’s Russian ties.
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