Newly Fired CEO Of Norse Fires Back At Critics

[InfoSec News <alerts () infosecnews org>]

http://www.darkreading.com/threat-intelligence/newly-fired-ceo-of-norse-fires-back-at-critics-/d/d-id/1324195

By Jai Vijayan
DarkReading.com
2/4/2016

Critics maintain that Norse Corp. is peddling threat data as threat 
intelligence.

A massive and potentially company-ending shakeup at security vendor Norse 
Corp. in recent weeks amid controversy over its practices may be a signal 
that the threat intelligence industry is finally maturing.

KrebsonSecurity last week reported that Norse had fired its CEO Sam Glines 
after letting go some 30% of its staff less than a month earlier. The blog 
quoted unnamed sources as saying Norse’s board of directors had asked 
board member Howard Bain to take over as an interim CEO.

The remaining employees at the Foster City, Calif.-based threat 
intelligence firm were apparently informed they could continue showing up 
for work, but there would be no guarantee they would be paid, 
KrebsonSecurity reported.

Shortly thereafter, Norse’s website went dark and remained unavailable 
through the week -- prompting some speculation on whether the company had 
been shuttered. A spokesperson for a PR agency representing Norse today 
said the company is still operational, but she did not elaborate.

[...]

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