#statement
Group-IB has completed the first step in a series of actions aimed at separating its Russia and CIS business. The company has just transferred its activities in Russia to a new entity under local management.
📌The company’s global headquarters registered under the legal name Group-IB Global Private Ltd. (Singapore) will continue to manage its Threat Intelligence and Research centers in Southeast Asia (Global HQ in Singapore), Europe (regional HQ in Amsterdam) and the Middle East (regional HQ in Dubai) while pursuing Group-IB’s mission and protecting its clients in these areas. Russia and CIS business from now on will evolve independently.
📌The two businesses' financial flows are totally separated from each other including their costs and revenues. As per already applied internal regulation since the establishment of the Singapore headquarters, no revenues generated in any of Group-IB Global Private Ltd.’s subsidiaries are used to fund any activities in the Russia and CIS region.
📌Group-IB’s regional HQs are self-sufficient in terms of core business capabilities with best-in-class experts covering all technical functions (Digital Forensics & Incident Response, Cyber Investigations, 24/7 Computer Emergency Response Team, Threat Intelligence, Managed Cybersecurity services, R&D, etc).
📌The split-off of assets is one more step in Group-IB's long-term strategy to build the first decentralized and independent cybersecurity company relying on self-sustaining full-fledged Threat Intelligence and Research centers capable of supporting customers and developing strong partner networks in every region.
More details👈
Group-IB has completed the first step in a series of actions aimed at separating its Russia and CIS business. The company has just transferred its activities in Russia to a new entity under local management.
📌The company’s global headquarters registered under the legal name Group-IB Global Private Ltd. (Singapore) will continue to manage its Threat Intelligence and Research centers in Southeast Asia (Global HQ in Singapore), Europe (regional HQ in Amsterdam) and the Middle East (regional HQ in Dubai) while pursuing Group-IB’s mission and protecting its clients in these areas. Russia and CIS business from now on will evolve independently.
📌The two businesses' financial flows are totally separated from each other including their costs and revenues. As per already applied internal regulation since the establishment of the Singapore headquarters, no revenues generated in any of Group-IB Global Private Ltd.’s subsidiaries are used to fund any activities in the Russia and CIS region.
📌Group-IB’s regional HQs are self-sufficient in terms of core business capabilities with best-in-class experts covering all technical functions (Digital Forensics & Incident Response, Cyber Investigations, 24/7 Computer Emergency Response Team, Threat Intelligence, Managed Cybersecurity services, R&D, etc).
📌The split-off of assets is one more step in Group-IB's long-term strategy to build the first decentralized and independent cybersecurity company relying on self-sustaining full-fledged Threat Intelligence and Research centers capable of supporting customers and developing strong partner networks in every region.
More details👈
Group-IB
Group-IB announces regional diversification of business
Group-IB, one of the global leaders in cybersecurity, has completed the first step in a series of actions aimed at separating its Russia and CIS business.