Treasury Sanctions Kaspersky Lab Leadership in Response to Continued Cybersecurity Risks

WASHINGTON — Today, the Department of the Treasury’s Office of Foreign Assets Control (OFAC) designated twelve individuals in executive and senior leadership roles at AO Kaspersky Lab (Kaspersky Lab). “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 Under Secretary of the Treasury for Terrorism and Financial Intelligence Brian E. Nelson. “The United States will take action where necessary to hold accountable those who would seek to facilitate or otherwise enable these activities.”Yesterday, the Department of Commerce issued a final determination pursuant to Executive Order (E.O.) 13873 prohibiting Kaspersky Lab, Inc., its affiliates, subsidiaries and parent companies directly or indirectly from providing anti-virus software and cybersecurity products or services in the United States or to U.S. persons. Commerce reached this determination after an investigation found transactions involving the products and services of Kaspersky Lab, Inc.