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From the Schneier on Security blog

This move has been coming for a long time.

The Biden administration on Thursday said it’s banning the company from selling its products to new US-based customers starting on July 20, with the company only allowed to provide software updates to existing customers through September 29. The ban—­the first such action under authorities given to the Commerce Department in 2019­—follows years of warnings from the US intelligence community about Kaspersky being a national security threat because Moscow could allegedly commandeer its all-seeing antivirus software to spy on its customers...