Recorded Future, a cybersecurity firm, has been officially banned by the Russian government from conducting any business operations within the country.
The ban comes as Recorded Future has been added to Russia's list of 'Undesirable Organizations,' making it prohibited from operating in Russia and potentially requiring it to cease all business activities in the country by early next year.
However, the CEO of Recorded Future, Christopher Ahlberg, considers the ban a form of recognition rather than a setback, emphasizing that it does not impact the company's core business.
The ban is believed to be a retaliation by Russia against Recorded Future's support of Ukraine by providing financial aid to safeguard critical infrastructure against cyberattacks.