The CEO of Group-IB was arrested by the police on suspicion of state treason.

Ilya Sachkov, co-founder of the major Russian cybersecurity company, was arrested at Group-IB’s Moscow office on Tuesday.

The company confirmed The incident, adding that the local police carried out a search of the property on the same day. At the time, Group-IB – headquartered in Singapore – said “the reason for the research was not yet clear.”

The state news agency TASS quoted a unnamed source in the country’s security forces when they report that Sachkov’s arrest is based on suspicion of treason, in particular the transfer of classified information to foreign agencies who allegedly “Employee” the framework.

However, the agency says it did not “admit[ted] guilt in the transfer of intelligence data to foreign special services.

The case against the cybersecurity official is confidential and therefore there are no further details available regarding the allegations.

A court order will keep the 35-year-old in detention for two months.

Sachkov was chosen for the 2016 edition of the Forbes Under 30 list of entrepreneurs and has already met with Russian President Vladimir Putin.

Group-IB maintains innocence of its executive, as well as its “business integrity”.

“The Group-IB communications team refrains from commenting on the charges and the circumstances of the criminal case due to ongoing procedural activities,” the cabinet added.

In the meantime, the firm’s lawyers are on the case and Group-IB co-founder Dmitry Volkov will take the lead, at least for now.

The cybersecurity company says all divisions of Group-IB will continue to operate normally.

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