Russian cybersecurity company Kaspersky Lab will “gradually wind down” its US operations and lay off its US-based employees after the Department of Commerce announced a ban on the firm selling its products in the United States, Kaspersky said Monday.
The shutdown of Kaspersky Lab’s US operations will start on July 20, ending nearly two decades of the company operating in the country, according to the company’s statement.
“The company has carefully examined and evaluated the impact of the US legal requirements and made this sad and difficult decision as business opportunities in the
→ Continue reading at CNN - Business News