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August 18, 2021

In April 2021 the Biden administration issued sanctions against the Russian government over cyberattacks targeting the U.S. government. The most notable was the SolarWinds hack that saw internal emails stolen from several government agencies, from the Justice Department to Homeland Security.

As part of those sanctions, the Treasury pointed fingers at a handful of Russian companies for aiding the Kremlin with its cyber espionage operations.

One of those companies was Positive Technologies. Though not a household name, in the security industry it’s a significant player, providing security services to major private and financial organisations as well as Russian government bodies. The Treasury said that not only had it provided cyber services to Russia’s spy agencies, but that its conference, Hack Days, was a kind of recruitment fair for the FSB.

Usually camera and media shy, for two hours Forbes sat down with Positive’s CEO, Yury Maksimov, to ask about the accusations levelled at his company and how it has affected his company as it heads towards an IPO that could value Positive Technologies in the billions of dollars.

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