The founder of one of Russia’s best-known cybersecurity companies, Group-IB, has been arrested for treason.

Forbes Russia reported that Group-IB CEO Ilya Sachkov, 35, will be detained for at least two months and could be jailed for 20 years, if convicted. IB-Group’s Moscow offices were also raided on Tuesday, little is known about why Sachkov was charged with treason. Russian news firm TASS reported that it was accused of sharing confidential information with foreign intelligence and denied the charges.

Group-IB said in a statement that it was convinced that Sachkov was innocent and that the co-founder and current leadership generation officer, Dmitry Volkov, would take over. His lawyers are reviewing allegations made through the Lefortovo court in Moscow on Sept. 28, a spokesman said. , adding that “Group IB’s communications team refrains from commenting on the fees and cases of the criminal case due to ongoing procedural activities. “

“All divisions of the Ib-Group will continue to function as usual,” the spokesman said.

That’s a significant drop for Sachkov, a Forbes 30 Under 30 alumnus who has been photographed with Russian leader Vladimir Putin on several occasions. A 2019 shot posted on Facebook showed Sachkov posing alongside other Russian businessmen, all of whom had been named winners of business awards. subsidized through the Ministry of Economic Development. In another, published through Group-IB on Facebook in 2015, he is seen appearing as his company to Putin at an industry fair.

His company, which gathers intelligence on cybersecurity threats to help consumers with its resources, recently moved its headquarters to Singapore as Group-IB looked to expand far beyond Russia. In Russia, its clients come with monetary giants such as Sberbank and Alfa-Bank, as well as with the defense company Rostec. Earlier this year, Sachkov told Forbes Russia Group-IB preparing for an IPO on a foreign stock exchange.

He has also been the lead spouse of the foreign police firm Interpol, participating in global investigations into cybercriminals. In July, it announced that it had assisted Interpol in an investigation into a Moroccan hacker allegedly accused of attacking French telecommunications companies, banks and multinationals. Last year, he assisted in a case that led to the arrest of 3 men in Nigeria for alleged attacks on up to 50,000 corporations and government organizations.

Earlier this month, Group-IB celebrated its 18th anniversary with parties around the world. The company had responded to requests for comment at the time of publication.

I am an associate editor of Forbes, covering security, surveillance, and privacy. I’m also editor of The Wiretap newsletter, which contains exclusive articles about the genuine world.

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