-- The Biden administration will announce plans Thursday to bar the sale of Kaspersky Lab's antivirus software in the U.S., Reuters reports citing an unnamed person familiar with the matter.
-- The cybersecurity company's close ties to the Russian government were found to pose a critical risk, and there are concerns its software's access to a computer's systems could allow it to steal sensitive information from American computers, install malware or withhold critical updates, Reuters reports.
-- Additionally, the company will be added to a trade restriction list, which effectively bars a company's U.S. suppliers from selling to it, Reuters says, citing two other people familiar with the matter.
-- Reuters says a spokesperson for the Commerce Department declined to comment, while Kaspersky Lab and the Russian Embassy didn't respond to requests for comment.
Full article: https://www.reuters.com/technology/biden-ban-us-sales-kaspersky-software-over-ties-russia-source-says-2024-06-20/
Write to Robb M. Stewart at robb.stewart@wsj.com
(END) Dow Jones Newswires
06-20-24 1103ET
