U.S. Imposes Sanctions on Kaspersky Lab Executives Over Cybersecurity Concerns

Date:

WASHINGTON, June 21 (Reuters) – The Biden administration imposed sanctions on 12 senior leaders at AO Kaspersky Lab on Friday, citing cybersecurity risks. This move follows the announcement to ban the sale of the Russian company’s antivirus software in the U.S.

Thank you for reading this post, don't forget to subscribe!

The sanctions target key executives, including the chief business development officer, chief operating officer, legal officer, and corporate communications chief, among others.

“Today’s action against the leadership of Kaspersky Lab underscores our commitment to ensure the integrity of our cyber domain and to protect our citizens against malicious cyber threats,” said Treasury Under Secretary Brian Nelson in a statement.

A Kaspersky spokesperson condemned the sanctions as “unjustified and baseless,” asserting that the measures would not impact the company’s resilience since they do not affect the parent or subsidiary companies or its CEO, Eugene Kaspersky. The company also denied any government ties or connections between the designated officials and Russian military or intelligence authorities.

These actions reflect the Biden administration’s efforts to mitigate the risk of Russian cyberattacks associated with Kaspersky software, amid ongoing tensions with Moscow over the Ukraine conflict. The U.S. has largely exhausted other sanction options against Russia.

Kaspersky Lab’s Russian units were added to a Commerce trade-restriction list on Thursday for allegedly collaborating with Russian military intelligence. This was accompanied by a ban on sales, resales, and software updates for Kaspersky products in the U.S. starting September 29.

U.S. authorities argue that Kaspersky software poses significant risks due to potential Russian government influence, its deep access to computer systems, and its capacity to install malware or withhold critical updates.

The sanctions announced on Friday prohibit American companies or citizens from conducting financial transactions with the sanctioned executives and freeze their assets held in the United States.

By Naija247news
By Naija247newshttps://www.naija247news.com/
Naija247news is an investigative news platform that tracks news on Nigerian Economy, Business, Politics, Financial and Africa and Global Economy.

Share post:

Subscribe

Popular

More like this
Related

Medical Guild Urges Lagos Govt to Avert Health Sector Crisis

July 24, 2024. Azonuchechi Chukwu. Doctors under the aegis of the...

Meta Removes 63,000 Instagram Accounts in Nigeria Over ‘Sextortion’ Scams

LAGOS, July 24 - Meta Platforms (META.O) announced...

FG inaugurates committee on farmers’ soil health card scheme

July 24, 2024. Azonuchechi Chukwu. Federal Government has inaugurated the National...

Invest In Capital Projects To Generate Employment – Ex-CBN Director

July 24, 2024. Azonuchechi Chukwu. Ex-CBN Research Director, Dr Titus Okurounmu,...
× How can I help you?