The Group-IB cybersecurity company has created a new autonomous structure for operations in Russia and the CIS, which will be managed by the local management team. The company also plans to change the ownership structure and shareholder structure in the global and local assets during the next six months.

“This step means the complete separation of the financial flows of Russian and international assets of Group-IB. The Russian revenue of the company will be fully spent on the development of the local business,” says Group-IB.

The international division, which is headquartered in Singapore, will be responsible for operations in Europe, the Asia-Pacific region and the Middle East.

Original in Russian