Kaspersky Lab, a Russian cybersecurity and antivirus software company, announced it will start shutting down all of its operations in the U.S. on July 20. The departure was inevitable after 12 of the company’s executives were hit with sanctions, and the company’s products were banned from sale in the U.S.
Kaspersky Lab told BleepingComputer of the pending closure and confirmed it would lay off all of its U.S.-based employees. Reportedly, the shutdown affects less than 50 employees in the U.S. The impact on cybersecurity could be much greater since the company’s researchers have been responsible for stopping or slowing countless major security exploits.
