OFAC Sanctions Executives of Russian Cybersecurity Firm
The Office of Foreign Assets Control last week sanctioned 12 executives working for Kaspersky, the Russian cybersecurity software firm, for working in Russia’s technology sector. The designations target senior officials of AO Kaspersky Lab one day after the Commerce Department announced that it would be adding the lab, as well as Russia-based OOO Kaspersky Group and U.K.-based Kaspersky Labs Limited, to the Entity List (see 2406200032).
Sign up for a free preview to unlock the rest of this article
Timely, relevant coverage of court proceedings and agency rulings involving tariffs, classification, valuation, origin and antidumping and countervailing duties. Each day, Trade Law Daily subscribers receive a daily headline email, in-depth PDF edition and access to all relevant documents via our trade law source document library and website.
The sanctions target members of Kaspersky’s board of directors and leaders of the company’s legal, operating systems, corporate communications and human resources departments, among others. Brian Nelson, the Treasury Department’s undersecretary for terrorism and financial intelligence, said the designations will underscore “our commitment to ensure the integrity of our cyber domain and to protect our citizens against malicious cyber threats.”