Russian IT Sector in Deep Crisis: Cyberattacks, Sanctions, and Brain Drain Stifle Growth

Direct cyberattacks on Yandex and Sberbank data centers mark the first direct strike on Russia's IT infrastructure, but the sector's crisis predates these attacks. The departure of thousands of programmers in 2022, combined with sanctions and failed import substitution, has led to revenue shortfalls and a shrinking market. The industry's decline signals broader economic strain and reduced technological capacity for Russia.

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