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Search resuls for: "F.A.C.C.T"


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[1/5] People, including supporters of founder of Group-IB cybersecurity firm Ilya Sachkov charged with treason, gather in a court building during a hearing in Moscow, Russia July 26, 2023. Sachkov, 37, who is no longer associated with Group-IB but owns a share in its former Russian business, was arrested in September 2021 by Russia's Federal Security Service (FSB) on treason charges in a case that was classified. Former colleagues who bought Group-IB's Russian business and renamed it F.A.C.C.T said in a statement that his legal team would appeal against his conviction and ask President Vladimir Putin to intervene. "This is a hard moment for all of us and a black day for the (Russian) cybersecurity market." Sachkov had ruffled official feathers a year before his arrest at an event attended by Russian Prime Minister Mikhail Mishustin.
Persons: Ilya Sachkov, Sachkov, F.A.C.C.T, Vladimir Putin, Ilya, Mikhail Mishustin, Putin's, Putin, Andrew Osborn, William Maclean Organizations: IB, REUTERS, TASS, Russia's Federal Security Service, Employees, Russian, Kremlin, Thomson Locations: Moscow, Russia, MOSCOW, Russian
April 20 (Reuters) - Cybersecurity company Group-IB has finalised its exit from Russia, the group said on Thursday, cutting ties with its original market in an effort to spur its global expansion ambitions. Already harbouring global ambitions, Group-IB moved its headquarters to Singapore in 2019. Volkov has sold his 10% stake in the Russian company, Group-IB said in a statement. The stand-alone Russian business has been sold to local management and will be operating under the new brand F.A.C.C.T. Group-IB said Sachkov had sold his 37.5% stake in the Singapore entity to members of top management there.
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