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Scrape Timestamp (UTC): 2024-06-21 20:27:17.177
Source: https://www.theregister.com/2024/06/21/kaspersky_sanctions_ceo/
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Uncle Sam sanctions Kaspersky's top bosses – but not Mr K himself. Here's America's list of the supposedly dirty dozen. Uncle Sam took another swing at Kaspersky Lab today and sanctioned a dozen C-suite and senior-level executives at the antivirus maker, but spared CEO and co-founder Eugene Kaspersky. The move prevents US persons and organizations from doing business with the designated individuals. Any non-US financial institution that works with them also risks sanctions under Executive Order 13873. The US Treasury Department's Office of Foreign Assets Control (OFAC) cited national security threats in designating the 12 individuals as under sanction. In making the announcement, it also noted: "OFAC has not designated Kaspersky Lab, its parent or subsidiary companies, or its CEO." The Treasury did, however, designate just about every other exec who reports directly to the Moscow-based firm's chief exec "for operating in the technology sector of the Russian Federation economy," which under EO 14024 is a no-no. It follows Thursday's actions by the Commerce Department that prohibit Kaspersky Lab Inc from providing its software and other security services in America from July 20 — plus years of directives and mandates to kick Kaspersky products out of US government networks. Kaspersky Lab's operations in Russia and the UK were also on Thursday placed on the US government's Entity List, making it difficult to impossible for US persons and organizations to do business with them. In short, there is a mix of action against Kaspersky, from a ban on sales in the United States to sanctions against its execs in Russia. In issuing these sanctions and product bans, the Biden White House and previous administrations have argued that the Russia-based antivirus developer could be forced or ordered by Putin to backdoor its products and hand over American individuals and organizations' sensitive information from their PCs to Kremlin intelligence. The Treasury sanctions followed a similar narrative. "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 in a statement. The 12 individuals named by the US government are: Kaspersky Lab declined to comment on the matter.
Daily Brief Summary
The U.S. has issued sanctions against 12 senior executives of Kaspersky Lab, excluding CEO Eugene Kaspersky.
Sanctions prevent U.S. persons and businesses from engaging with the named individuals and put non-U.S. financial entities at risk of similar sanctions.
The actions are part of broader measures, including product bans and the inclusion of Kaspersky operations in sanctioned lists, citing national security threats.
The Treasury has not designated Kaspersky Lab itself or its CEO but targets individuals within the company's executive circle.
The sanctions are in alignment with Executive Order 14024, which addresses operations in sectors critical to the Russian economy.
Previous U.S. administration actions have also targeted Kaspersky products, barring them from U.S. government networks over concerns of potential Kremlin-backed espionage.
The U.S. Treasury emphasized the commitment to protecting the integrity of the cyber domain and safeguarding U.S. citizens from cyber threats.