Kaspersky denies hazard after US bans its software

The cybersecurity firm Kaspersky denied on Friday that it is a security threat after the US Commerce Department banned the use of its software in the United States. The Moscow-based company — whose CEO Eugene Kaspersky is Russian — said in a statement that the Commerce Department’s decision would not affect its ability to sell and promote its cyber security products and training in the US. Kaspersky said the government had based its decision on the “geopolitical climate and theoretical concerns” rather than independently verifying if there was a risk.