Positive Technologies says teams up with banks for cheap lending

MOSCOW, Oct 13 (PRIME) -- Russian cybersecurity company Positive Technologies has teamed up with large banks to develop a mechanism of beneficial lending for cybersecurity projects, a spokesperson for Positive Technologies told PRIME late on Thursday.

“Positive Technologies in cooperation with the largest credit and financing institutions, including Sber, Rosbank, and Alfa-Bank, is working on the concept of target beneficial lending for the companies aimed at creating large infrastructure projects based on technologies by Positive Technologies,” the spokesperson said.

It involves effective cybersecurity projects.

The spokesperson said that the projects of such scale take several years to implement and need significant investment.

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