Kaspersky, the antivirus giant, announces exit from US following ban by Biden administration | Tech Industry Update

Antivirus Giant Kaspersky Labs Exiting US After Ban on Software Sales

The renowned antivirus giant Kaspersky Labs is making headlines as it announces its departure from the United States following a ban imposed by the Biden administration. The company revealed to BBC that it was a tough decision to leave the country as the business opportunities no longer seemed viable after facing obstacles to operate from the US government.

The ban was implemented due to concerns over Russia’s influence on the company, with Commerce Secretary Gina Raimondo stating that it posed a threat to US services and infrastructure. In response, Kaspersky announced that it will gradually wind down its US operations and eliminate US-based positions by July 20, 2024.

The US wing of the company had already stopped selling its antivirus software to American customers, and the Commerce Department confirmed that Kaspersky would no longer be able to sell its software or provide updates within the United States.

This move reflects the escalating turf war between the US and Russia, with other companies like TikTok also under scrutiny from the Biden administration. Kaspersky, founded in Russia in 1997, has denied all allegations and stated that the decision was based on geopolitical concerns rather than verified facts.

Despite the challenges, Kaspersky remains a globally successful IT company with over 400 million product users. This exit marks a significant development in the international tech landscape and raises questions about the future of cybersecurity collaborations between the US and Russia.

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