The Impact of the Kaspersky Ban
The U.S. Department of Commerce banned Kaspersky Lab from providing cybersecurity products in the U.S. due to national security concerns. Organizations must transition to alternative solutions with assistance from Bitsight.
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On June 20th, 2024, the U.S. Department of Commerce's Bureau of Industry and Security (BIS) announced a ban on Kaspersky Lab, Inc., a Russia-based cybersecurity company, from providing anti-virus software and cybersecurity products or services in the U.S. or to U.S. persons. This ban prohibits Kaspersky from selling its software in the U.S. and providing updates to existing software. Despite the ban, Kaspersky can continue certain operations until September 29, 2024. Bitsight TRACE analyzed the global impact of this ban and found that nearly 25% of Fortune 1000 companies and various U.S. government organizations were using Kaspersky products. The ban was imposed due to concerns that Kaspersky poses a national security risk by potentially allowing the Russian government access to sensitive information and leaving U.S. organizations vulnerable to malware. The ban will require affected organizations to transition to alternative cybersecurity solutions, which may pose challenges and disruptions. Bitsight is assisting customers in identifying Kaspersky products in their systems and recommending suitable replacements.
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