Sources: Security Firm Norse Corp. Imploding
Summary: Norse Corp., the Foster City, Calif. cybersecurity firm known for its interactive cyber attack map, fired CEO Sam Glines this week after laying off almost 30 percent of its staff, with board member Howard Bain stepping in as interim CEO. Sources told KrebsOnSecurity that investors told employees there is no guarantee they will be paid, and former employees questioned the validity of the attack data behind the company's core product, which one said resembled little more than Web server logs.
What you should know: Norse marketed its attack map on data from more than eight million sensors in 47 countries, but its chief data scientist said she was not given access to that data until seven months after being hired, and few people at the company could see how it was collected.
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- Topics
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