Russia Arrests Top Cyber Security Exec, Sending Shockwaves in Business Community

MOSCOW (AP) – Russian authorities have arrested an executive of a top cyber-security company on the charges of high treason, a move that has sent shock waves through Russia’s business community.

A court in Moscow on Wednesday announced a ruling to place Ilya Sachkov, founder and CEO of the Group-IB, one of the leading cyber-security companies in Russia, in custody for two months pending investigation and trial.

The court didn’t offer any details about the case against the executive as the case files have been classified, the Interfax news agency reported – as is typical with treason cases in Russia.

According to Russian media reports, Sachkov was arrested on Tuesday morning and the law enforcement raided the offices of Group-IB in Moscow. The company on Wednesday confirmed that the raid took place.

In a statement Wednesday, Group-IB said the company’s employees were “sure” of their boss’s innocence and “honest business…

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