This $500 Million Russian Cyber Mogul Planned To Take His Company Public—Then America Accused It Of Hacking For Putin’s Spies

The tycoon whose Positive Technologies was recently hit with U.S. sanctions insists he just wants to help protect all companies from hackers. U.S. security officials don’t buy it. he city was under siege. Hackers had knocked out its electricity and oil production, caused an explosion at a gas station and dropped a shipping container on a barge at the port. The carnage was contained, though, occuring in a model city, an ersatz modern metropolis in miniature.

Maksimov flatly denies the Treasury Department and Atlantic Council allegations. Speaking from Positive’s Moscow office, dressed in striped T-shirt and jeans, he asserts that his business has been embroiled in a geopolitical war: “We have never participated in any attacks directed at companies or states.”

Yury Maksimov cofounded Positive Technologies with his brother Dmitry and old friend Evgeny Kireev. Maksimov, who stepped down as CEO, remains the biggest shareholder while the others serve as company advisors.

Positive is still trying to determine if it can work in any capacity with American businesses and is in discussions with the U.S. Office of Foreign Assets Control to try to address the allegations, he says. “We have nothing to hide,” Maksimov says. Maksimov thinks he can do as much good outside the company. He stepped down down last month, replaced by former managing director Denis Baranov, saying he wanted to focus less on day-to-day operations. He remains board chairman and majority shareholder. “I have different interests now. I want the world to become more secure, and I want to stop being disjointed.”

Afghanistan is his fault and he's hiding.

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