Kaspersky Lab Closing US Division, Laying Off Workers After Ban

Russian cybersecurity firm, Kaspersky Lab, has told workers in its U.S.-based division that they are being laid off this week and that it is closing its U.S. business, Zero Day reported Monday, citing sources. From a report: The sudden move comes after the U.S. Commerce Department announced last month that it was banning the sale of Kaspersky software in the U.S. beginning July 20. The company has been selling its software here since 2005. Kaspersky confirmed the news to Zero Day, saying that beginning July 20 it will "gradually wind down" its U.S. operations and eliminate U.S.-based positions as a result of the new ban, despite initially vowing to fight the ban in court.

Read more of this story at Slashdot.