CNN —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 Commerce Department last month announced the ban of the sale and provision of Kaspersky software in the United States, citing national security concerns.
More than 400 million people and 240,000 companies worldwide use Kaspersky Lab’s software products, according to the company.
CNN reported in April that the Commerce Department was taking action against Kaspersky Lab.
Kaspersky Lab said in its statement Monday that it would “continue investing in strategic markets and remain committed to serving its customers and partners and ensuring their protection.”
Persons:
Kaspersky, Kim Zetter, Joe Biden, ”, Donald Trump
Organizations:
CNN, Kaspersky, Department of Commerce, Department, Commerce, Commerce Department, Kaspersky Lab, McAfee, Symantec
Locations:
Russian, United States, Moscow, Russia, Israel