Avast suspends business in Russia and Belarus

The Czech cybersecurity firm, Avast, has halted the accessibility to their products in Russia and Belarus just like McDonald’s and Starbucks.

The group’s marketing and sales operations have also been terminated with boiling geopolitical tensions.

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In 2021, Ukraine, Russia, and Belarus generated around 1.5% of Avast’s total revenue.

Avast is continuing and expanding their offerings in Ukraine by providing free licence extensions to paying subscribers. Apart from the freemium products, users have free access to the premium products like the premium antivirus pack.

Avast has employees in both Russia and Ukraine and is actively working to protect and sustain them as a priority.

With fake tweets and misinformation being circulated, Avast believes that with fake tweets and misinformation being circulated, Ukraine should have access to an internet connection which is secure and unrestricted to share important updates about the war.

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Even though Avast has suspended all business in Russia, the security of the employees in the distressed region remains a priority for the firm.

Avast has donated $800,000 through their employee donation matching program and Avast Foundation to organisations like People in Need.

Avast is assisting Ukrainian companies by collaborating with local charities for volunteer work to mitigate cyber risks.

Avast shares were trading at 640p practically unchanged following the news of suspended business in Russia.

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