• Advertise
  • Contact Us
  • Daily The Business
  • Privacy Policy
Friday, December 5, 2025
Daily The Business
  • Login
No Result
View All Result
DTB
No Result
View All Result
DTB

US slaps sanctions on leaders of Russia software firm Kaspersky

June 24, 2024
in World
US slaps sanctions on leaders of Russia software firm Kaspersky
Share on FacebookShare on TwitterWhatsapp

WASHINGTON: The United States unveiled sanctions Friday against 12 top leaders of the Russia-based cybersecurity firm Kaspersky Lab, a day after banning the sale of its popular antivirus software on national security grounds.

The widespread sanctions target many of Kaspersky Lab’s most senior leaders, including its chief operating officer, while sparing the chief executive and the company itself, the Treasury Department said in a statement announcing the designation.

“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 the US Treasury’s under secretary for terrorism and financial intelligence, Brian Nelson.

“The United States will take action where necessary to hold accountable those who would seek to facilitate or otherwise enable these activities,” he added.

The Treasury sanctions come a day after the Commerce Department said it was banning the Moscow-headquartered cybersecurity firm from providing its popular antivirus products in the United States.

That announcement came after a lengthy investigation which, the Commerce Department said, found that Kaspersky’s “continued operations in the United States presented a national security risk due to the Russian government’s offensive cyber capabilities and capacity to influence or direct Kaspersky’s operations.”

The move is the first such action taken since an executive order issued during Donald Trump’s presidency gave the Commerce Department the power to investigate whether certain companies pose a national security risk.

Kaspersky, in a statement to AFP, said the Treasury’s sanctions were “unjustified and baseless,” adding that they were based on geopolitical concerns rather than a “comprehensive evaluation” of the integrity of its products and operations.

“Neither Kaspersky nor its management team has any ties to any government,” it continued, calling the Treasury’s allegations “pure speculation, which lacks concrete evidence of a threat posed to US national security.”

Moscow hit out at the decision to ban the sale of Kaspersky’s antivirus software.

“Kaspersky Lab is a company which is very, very competitive on the international level,” Kremlin spokesman Dmitry Peskov said Friday.

Tags: cybersecurityKasperskyKaspersky LabRussiausUS sanctions
Share15Tweet10Send
Previous Post

Iran and Bahrain agree to talk about how they might resume diplomatic relations severed since 2016

Next Post

‘Everything is at stake’ for reproductive rights in 2024, Harris says as Biden-Trump debate nears

Related Posts

Russia’s Sberbank seeks to boost imports, labour migration from India after Putin’s visit
World

Russia’s Sberbank seeks to boost imports, labour migration from India after Putin’s visit

December 4, 2025
Tariffs, AI boom could test global growth’s resilience, OECD says
World

Tariffs, AI boom could test global growth’s resilience, OECD says

December 3, 2025
India’s Adani Group eyes $10 billion fundraise in FY27, official says
World

India’s Adani Group eyes $10 billion fundraise in FY27, official says

November 28, 2025
India expects trade deal with US by end of year, senior official says
World

India expects trade deal with US by end of year, senior official says

November 29, 2025
India approves $816mn rare earth permanent magnets manufacturing programme
World

India approves $816mn rare earth permanent magnets manufacturing programme

November 26, 2025
Niketa Patel Press Freedom at CPJ International Awards
MEDIA

Niketa Patel Highlights Press Freedom at CPJ International Awards

November 26, 2025

Popular Post

  • FRSHAR Mail

    FRSHAR Mail set to redefine secure communication, data privacy

    126 shares
    Share 50 Tweet 32
  • How to avoid buyer’s remorse when raising venture capital

    33 shares
    Share 337 Tweet 211
  • Microsoft to pay off cloud industry group to end EU antitrust complaint

    54 shares
    Share 22 Tweet 14
  • Capacity utilisation of Pakistan’s cement industry drops to lowest on record

    47 shares
    Share 19 Tweet 12
  • SingTel annual profit more than halves on $2.3bn impairment charge

    47 shares
    Share 19 Tweet 12
American Dollar Exchange Rate
  • Advertise
  • Contact Us
  • Daily The Business
  • Privacy Policy
Write us: info@dailythebusiness.com

© 2021 Daily The Business

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Add New Playlist

No Result
View All Result
  • Advertise
  • Contact Us
  • Daily The Business
  • Privacy Policy

© 2021 Daily The Business

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.