U.S. to ban Kaspersky cybersecurity products over security concerns

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Cybersecurity,Kaspersky,Canada

The U.S. is banning products from cybersecurity firm Kaspersky over concerns it is too closely tied to Russia and poses a security threat.

Three months after Canada’s anti-money laundering watchdog Financial Transactions and Reports Analysis Centre of Canada was hit by a cyber attack, a critical system used by the national financial intelligence agency remains offline. Experts say the outage leaves Canada with a major blindspot to identifying terrorist financing and other serious crimes. While Fintrac says it’s found a workaround for most submissions, critics argue the gap is still significant.

The administration plans to add Kaspersky, along with several of its Russian and U.K.-based units, to a trade restrictions list, which will bar downloads of software updates, licensing and resales. The statement further say Kaspersky intends to pursue “all legally available options to preserve current operations.”‘Flesh-eating bacteria’ disease spreads in Japan, killing some in 2 days

 

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