Search Site

BP announces $7bn gas project

The project aims to unlock 3 trillion cu ft of gas resources in Indonesia.

Lulu Retail Q3 profit $35m

For the nine-month period, net profit increased by 73.3%.

Talabat IPO offer price range announced

The subscription will close on 27 Nov for UAE retail investors.

Salik 9M net profit $223m

The company's third-quarter profit increased by 8.8 percent.

Avia to buy 40 Boeing aircraft

The transaction for the purchase of 737 MAX 8 jets valued at $4.9bn.

Kaspersky now a ‘security threat’

The designation will restrict Kaspersky’s dealings in the United States. AFP File Photo
  • The US Federal Communications Commission has added Kaspersky to a threat list
  • This effectively blocks the firm from being paid with certain US government subsidies

US regulators have deemed antivirus software maker Kaspersky a “threat to national security,” a designation that will restrict its dealings in the United States.

The Federal Communications Commission has added Kaspersky to a threat list — which blocks paying the firm with certain US government subsidies — that also includes Chinese companies like Huawei and ZTE.

The FCC’s statement released Friday did not mention Russia’s invasion of Ukraine, but Kaspersky responded to the designation by saying it was imposed “on political grounds.”

“This decision is not based on any technical assessment of Kaspersky products,” the firm added in a statement.

German cyber security agency BSI urged consumers earlier this month against using Kaspersky’s antivirus software, warning that the company could be implicated — willingly or unwillingly — in hacking assaults amid Russia’s war in Ukraine.

The addition of Kaspersky to the threat list blocks money from the FCC’s fund that supports telecommunications in rural areas.