The Impact of the Kaspersky Ban
On June 20th, 2024, the Department of Commerce's Bureau of Industry and Security (BIS) announced the prohibition of Kaspersky Lab, Inc., the U.S. subsidiary of a Russia-based anti-virus software and cybersecurity company, from directly or indirectly providing anti-virus software and cybersecurity products or services in the U.S. or to U.S. persons. The prohibition also applies to Kaspersky Lab, Inc.’s affiliates, subsidiaries, and parent companies.