Russian cyber firm Group-IB to split Russian, international businesses

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Reuters UK

MOSCOW (Reuters) – Russian cybersecurity outfit Group-IB will split its domestic and international business into two separate companies in a bid to maintain a presence in both the Russian and overseas markets, the company said on Wednesday. The company’s global headquarters in Singapore will handle international clients, while a “completely autonomous” Russian spin-off will work with businesses in Russia and a handful of other former Soviet states, Group-IB said in a statement. The move mirrors steps taken by dozens of international companies to exit or sell their Russian operations since the …

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