A world-famous Russian IT company
Kaspersky is one of the world’s largest privately owned cybersecurity companies: it operates in 200 countries and territories and have 35 offices in 31 countries, and it also receives up to 80% of its revenue from sales outside the Russian market. In 2017, Kaspersky announced the launch of the Global Transparency Initiative (GTI). The initiative includes the opening of several dedicated Transparency Centers where partners can learn more about the company’s transparency and data processing practices as well as access its source code, software updates and threat detection rules for external examination. The first Center opened in autumn 2018 in Zurich, while the company also announced the relocation of its data processing and data storage for European customers to Switzerland.
Business growth due to launch in Switzerland
Kaspersky chose Switzerland for its first Transparency Center based on a number of criteria. "First of all, we were guided by the transparency of the legislative system, the availability of developed infrastructure for the inauguration of data centers, and the country's reputation in the field of data protection. So, Switzerland was a logical choice for us," said Anton Shingarev, Vice President for Public Affairs at Kaspesky. The company also operates a sales and marketing office in Zurich. The company's operations in Switzerland have already had a positive impact strengthening its business and development: the company's corporate segment in Switzerland grew by more than 20% in 2018.