Natalya Kaspersky presented the new smartphone - called the TaigaPhone - at a business forum in Moscow last week, which they claim cannot be hacked by anyone.
Kaspersky and her team at software development company InfoWatch Group says the phone would cost around 15,000 rubles, which equates to about $260.
Natalya Kaspersky, president of InfoWatch Group and co-founder of Kaspersky Lab, said: "We have created it for the corporate market."
Whilst company representative Grigoriy Vasilyev added: "Half of all data loss in Russia happens on mobile devices, we intend to fix that problem with the TaigaPhone."
And the TaigaPhone is not the only new device to hit the market in the next few months as the iPhone X is also set to go on sale.
Writing on their website about the new Face ID software, Apple shared: "Your face is now your password. Face ID is a secure new way to unlock, authenticate and pay. Face ID is enabled by the TrueDepth camera and is simple to set up. It projects and analyses more than 30,000 invisible dots to create a precise depth map of your face.
"What could be more natural than a touch? A look. That was the insight behind Face ID, a powerful and secure authentication system that's even more convenient than Touch ID. It makes unlocking and paying fast, easy and intuitive. The TrueDepth camera system is composed of multiple innovative technologies. Working together in real time, they use a detailed depth map of your face to recognise you in an instant.
"More than 30,000 invisible dots are projected onto your face to build your unique facial map. An infrared camera reads the dot pattern, captures an infrared image, then sends the data to the Secure Enclave in the A11 Bionic chip to confirm a match. Invisible infrared light helps identify your face even when it's dark."