Net loss

30 Jan 2017 By Sarah Hurst

The Russian group’s jump in 2015 earnings shows protecting corporate clients from hacking is a growth industry. Post-U.S. election, it should be in line for a further spurt. Yet the arrest of one of its experts by Moscow suggests reputational risk is its real challenge.

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Ruslan Stoyanov, Kaspersky Lab's head of investigations, has been in Moscow's Lefortovo prison since December, the newspaper Kommersant reported on Jan. 25.

"This case is not related to Kaspersky Lab. Ruslan Stoyanov is under investigation for a period predating his employment at Kaspersky Lab. We do not possess details of the investigation," Kaspersky said in a statement seen by Reuters.

Kaspersky Lab is a Russian multinational cybersecurity and anti-virus provider founded in 1997 by Eugene Kaspersky, its current chief executive.

On Dec. 29 former U.S. President Barack Obama expelled 35 Russian diplomats in response to alleged Russian hacking of the Democratic National Committee during the election, and said that more actions would be taken, "some of which will not be publicized".

Context News

Ruslan Stoyanov, Kaspersky Lab's head of investigations, has been in Moscow's Lefortovo prison since December, the newspaper Kommersant reported on Jan. 25.

Kaspersky Lab is a Russian multinational cybersecurity and anti-virus provider founded in 1997 by Eugene Kaspersky, its current chief executive.

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