Cyota, the leading provider of online security and anti-fraud solutions for financial institutions announced today that security expert, Amit Yoran, has joined the company's board of directors.
In this position, Mr. Yoran will help drive Cyota's strategic plan of identifying, developing and offering new fraud-reduction and security tools to Cyota's financial institution customers.
Appointed by President Bush, Mr. Yoran served as the US Department of Homeland Security as the National Cyber Security Division director. Prior to joining DHS, Yoran was the vice president for worldwide managed security services at Symantec. Prior to that, he was the founder, president and CEO of Riptech, Inc., a leading information security management and monitoring firm, which Symantec acquired in 2002.
"Online fraud is growing at alarming rates. Financial institutions must protect their customers from financial fraud and identity theft" commented Mr. Yoran, "Cyota is emerging as the leader in fighting online fraud in the financial industry. The company persistently continues to innovate and deliver a solution set that keeps pace with the rapidly evolving threat environment. I look forward to being part of this creative and driven team."
"We are proud to welcome Amit to Cyota." said Naftali Bennett, CEO, "Cyota and its customers will greatly benefit from this powerful addition to our team. Amit brings great expertise in securing enterprises and infrastructures. He has been an innovator in this important field. Today, more than ever, we can take advantage of his insight and experience."
Before founding Riptech, Yoran directed the vulnerability-assessment program within the computer emergency response team at the US Department of Defense. He has a BS from the United States Military Academy at West Point, and an MS from George Washington University.
Mr. Yoran will be joining Cyota's team of security and anti-fraud specialists, including Professor Adi Shamir, co-inventor of RSA, Joel Lisker, former Head of Security of MasterCard International and David Cowan, co-founder of Verisign.