Group-IB
| Company type | Private |
|---|---|
| Industry | Cybercrime |
| Founded | Moscow, Russia |
| Headquarters | |
Key people |
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| Website |
Group-IB is a cybersecurity company that helps organizations prevent cyberattacks, breaches and online fraud. Founded in 2003 in Moscow, it divested its Russian operations and relocated its official headquarters to Singapore.
History
Group-IB was founded in 2003 by Ilya Sachkov and Dmitry Volkov in Russia, to provide cybercrime investigations and digital forensics services.[1] In 2017, the company signed a dat sharing agreement with INTERPOL, to coordinate the exchange of threat intelligence.[2] The company moved to Singapore in 2019.[3] In July 2020, it received funding from the Cyber Security Agency of Singapore through venture capital firm TNB Ventures.[4]
In September 2021, Ilya Sachkov, its co-founder and CEO, was detained by Russian authorities for treason.[5] He was sentenced to 14 years in prison.[6] The Russian and international business were later split with the business sold in April 2023 to Russian management to be branded F.A.C.C.T.[7][8] F.A.C.C.T. would market Group-IB products and services while being a separate entity allowing Group-IB to not directly have a presence in Russia.[9] It was reported that despite the business split, founder Ilya Sachkov remained the primary shareholder of both companies.[10]
In 2023, the company completely separated from F.A.A.C.T., its Russian operations, reportedly since its Russian ties were hurting its business.[11] In December 2023, the company's Moscow spinoff F.A.C.C.T. discovered that a hacking group was targeting Russian companies with a war-related phishing attack.[12] Also in 2023, Group-IB opened a Digital Crimes Resistance Center in Thailand.[13]
References
- ^ "Dmitry Volkov, CEO of Group-IB". The CEO Magazine.
- ^ Olenick, Doug (2 November 2017). "Group IB, INTERPOL sign data exchange agreement". scworld.com.
- ^ "Russian cyber titan Group-IB makes Singapore home". Channel Asia. Retrieved 10 March 2024.
- ^ "Group-IB Receives Funding from CSA". AiThority. 30 July 2020. Retrieved 10 March 2024.
- ^ "Russia detains cyber-security tycoon Ilya Sachkov in treason case". 29 September 2021. Retrieved 10 March 2024.
- ^ "Russian cybersecurity chief jailed for 14 years for treason". Al Jazeera. Retrieved 10 March 2024.
- ^ "Cyber firm Group-IB to split Russian, international businesses". Reuters. 6 July 2022.
- ^ Marrow, Alexander (20 April 2023). "Cyber firm Group-IB finalizes Russia split to spur global ambitions". Reuters.
- ^ "Security analyst wanted by both Russia and the US". The Register.
- ^ "F.A.C.C.T. created the Cybersecurity Center". TAdviser.ru. Retrieved 21 November 2024.
- ^ Page, Carly (1 November 2023). "With its exit from Russia complete, Group-IB plans its US expansion".
- ^ "Cyber-espionage group Cloud Atlas targets Russian companies with war-related phishing attacks". therecord.media. Retrieved 21 November 2024.
- ^ Giannelis, Matthew (17 March 2023). "Group-IB Opens Latest Digital Crimes Resistance Center in Thailand". techbusinessnews.com.