Moscow detains IT Security Firm CEO, charges him with high treason

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The founder and CEO of Russia’s Group-IB digital security firm has been detained by authorities and charged with high treason, reportedly for passing on secret information to foreign spies in yet another cloak and dagger drama.

On Wednesday, a Moscow court ordered that Ilya Sachkov can be detained in custody for two months while prosecutors prepare a case against him. Details related to the arrest of the 35-year-old entrepreneur are classified, with the court saying only that he has been held over allegations of high treason.

Parmigiani Fleurier - Ilya Sachkov - YouTube

However, an anonymous security source told TASS that Sachkov is suspected of passing on secret information to foreign intelligence services. The tech firm chief is said to have denied all the accusations.

Group-IB is a cybersecurity startup launched by Sachkov back in 2003 when he was just 17. The company landed him a spot on Forbes magazine’s ‘30 under 30’ list of high-tech entrepreneurs in 2016. The company provides cybersecurity and copyright protection solutions worldwide, and is understood to have secured several contracts with the Russian state.

The firm acknowledged the arrest of its founder, confirming that law enforcement raided its Moscow office a day before. Leadership of the company has been temporarily transferred to its co-founder, Dmitry Volkov, Group-IB said in a statement.

“All the employees are confident in their boss’ innocence and honest business reputation,” the company added.

A Group-IB executive was previously implicated by American investigators in a supposed plot to sell off a database of hacked usernames and passwords in 2012. Then the head of network security for the company, Nikita Kislitsin, was indicted in the US and a document declassified last year by the FBI alleged that Sachkov had supported Kislitsin co-operating with investigators.

The high-profile arrest has prompted fears that it could damage the country’s reputation as a business destination. For that reason, Russia’s business ombudsman, Boris Titov urged the investigators to make more details about the case public.