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The Story of Tiversa

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Full article190 words · extracted from schneier.com · click to collapse

The New Yorker has published the long and interesting story of the cybersecurity firm Tiversa.

Watching “60 Minutes,” Boback saw a remarkable new business angle. Here was a multibillion-dollar industry with a near-existential problem and no clear solution. He did not know it then, but, as he turned the opportunity over in his mind, he was setting in motion a sequence of events that would earn him millions of dollars, friendships with business élites, prime-time media attention, and respect in Congress. It would also place him at the center of one of the strangest stories in the brief history of cybersecurity; he would be mired in lawsuits, countersuits, and counter-countersuits, which would gather into a vortex of litigation so ominous that one friend compared it to the Bermuda Triangle. He would be accused of fraud, of extortion, and of manipulating the federal government into harming companies that did not do business with him. Congress would investigate him. So would the F.B.I.

Tags: courts, cybersecurity, FBI, fraud, FTC

Posted on December 3, 2019 at 6:19 AM12 Comments

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Text extracted automatically; images, tables and formatting may be missing. Original: https://www.schneier.com/blog/archives/2019/12/the_story_of_ti.html