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BehavioSec Names Alberto Yépez Chairman of the Board and John McCormack Chief Financial Officer

BehavioSec Expands Executive Team and Board of Directors to Continue Company Growth and Transformation


SAN FRANCISCO, CA USA – December 10, 2020 — BehavioSec, the industry pioneer and technology leader for behavioral biometrics and continuous authentication, today announced additions to its executive leadership team and Board of Directors, naming Alberto Yépez Chairman of the Board and John McCormack as Chief Financial Officer (CFO). These additions will help lead the company in expanding its capabilities to help safeguard users, create a better customer experience, and digitally transform today’s remote and mobile workforce.

Alberto Yépez, Co-Founder and Managing Director, ForgePoint Capital, is one of the pioneers of the cybersecurity industry (founded enCommerce in 1995) and brings experience as a serial entrepreneur, public company CEO, board member and venture capital investor. He is widely recognized as one of the leading investors in cybersecurity and for his company building skills. Yépez serves on the Boards of numerous leading technology companies, and joined the BehavioSec Board of Directors in 2018, prior to being named Chairman.

“BehavioSec is one of the pioneers in behavioral biometrics and supervised machine learning to enable continuous authentication for digital transformation programs,” said Yépez. “It is a privilege to work closely with the team of entrepreneurs protecting millions of user identities for some of the world’s most sophisticated financial institutions, telecommunications service providers, online retailers and national ID programs. After all, greater cybersecurity will ensure economic prosperity and protect individual privacy.”

Joining BehavioSec as CFO, John McCormack brings decades of experience as a CFO, Executive Vice President, and Operations Executive in global high technology environments. McCormack’s areas of expertise include financial management, strategic planning and execution, mergers and integrations, supply chain management, business processes, information systems, and more. Most recently, McCormack served as CFO of 4iQ and as Consulting CFO at BishopFox. He will augment CEO Neil Costigan’s leadership team with responsibility for managing the company’s finances while offering strategic insight on the company’s position in the market, including helping the company through future funding.

“As Chief Financial Officer my role is to help the company accelerate in today’s marketplace,” said McCormack. “BehavioSec offers me a unique and exciting opportunity to work with an established startup whose services play a significant role in the future of the industry and authentication.”

BehavioSec is helping organizations around the world respond to challenges increased by the global pandemic with the BehavioSec behavioral biometrics platform, which allows security teams to verify users by building profiles that model how their employees physically interact with online services via their ever-changing devices by instantly analyzing user keystrokes, cursor movements, touchscreen pressure, and device handling.

If you would like to find out more about how the BehavioSec platform can help resolve organizational challenges, visit www.behaviosec.com for more details or to request a demo. In addition, follow @BehavioSec on Twitter to stay up-to-date with the latest behavioral biometrics news and offerings.

About BehavioSec

BehavioSec is the industry pioneer and technology leader for behavioral biometrics and continuous authentication, safeguarding millions of users and billions of transactions today.

Deployed across Global 2000 companies to dramatically reduce fraud, friction, threat and theft, BehavioSec verifies and protects human digital identities by understanding how we uniquely type and swipe across our ever-changing devices. Whether used in the Cloud or on-premises, BehavioSec delivers the superior user experience, precision and scale needed by organizations to keep customers engaged while catching evasive, real-time attacks other solutions miss.

Founded in the Nordics in 2008 out of groundbreaking research, industry-recognized BehavioSec partners with market leaders and organizations like DARPA, and has earned investment from top investment firms like Forgepoint Capital, Cisco, ABN AMRO, Conor Ventures, and Octopus Ventures. Headquartered in San Francisco, CA with offices worldwide, BehavioSec is ready to help you reduce risk, improve compliance and digitally transform your distributed workforce and customer experience. www.behaviosec.com.


Contacts

W2 Communications for BehavioSec
pr@behaviosec.com
703 218 3555