Russian cybersecurity firm Kaspersky on July 16 said it would shut down all of its operations in the United States after the Commerce Department banned the use of the company's software in the country. Kaspersky will “gradually wind down” its U.S. operations and eliminate positions based in the U.S. starting on July 20, according to a statement from the Moscow-based company. Last month, the Commerce Department announced a ban on sales of Kaspersky software, arguing the products can be exploited to identify sensitive data of U.S. citizens and make the data available to Russian government actors. Kaspersky has denied that it is a security threat.