Get 40% Off
These stocks are up over 10% post earnings. Did you spot the buying opportunity? Our AI did.Read how

Former Secret Service Special Agent Hired By Blockchain to Head Security

Published 07/22/2018, 01:51 AM
Updated 07/22/2018, 02:01 AM
 Former Secret Service Special Agent Hired By Blockchain to Head Security

Blockchain has landed perhaps one of the best people it could to help secure its wallet.

That person is a former deputy assistant director of the U.S. Secret Service.

He’s George Sax, and he will be the Global Head of Security for Blockchain, which maintains a non-custodial wallet that provides users autonomy and control over their crypto.

Let’s discuss.

Crème of the crop

Blockchain was enamored with Sax’s decades of experience managing complex security operations not only in the U.S., but also around the world.

For 25 years, Sax has held some kind of security position. During his tenure with the Secret Service, Sax worked within the Department of Homeland Security.

Most recently, he oversaw investigations where he led a global team of more than 2,000 people across 161 offices. He was responsible for combating cyber-related financial crimes and developing programs to protect the financial infrastructure in the U.S.

Helping Blockchain

In his new role with Blockchain, Sax is expected to draw on his experience to further develop the company’s security philosophy, focusing on operations, infrastructure, and product security, according to the blog post on his hiring.

Also, Sax is expected to apply his decades of physical and personal security insights to Blockchain. This includes all the years he spent providing executive protection of multiple U.S. presidents and their families as well visiting foreign heads of state.

Sax has also managed security at a number of high-risk events, including the 2016 U.S. Presidential Campaign and the 2017 U.S. Presidential Inauguration.

3rd party Ad. Not an offer or recommendation by Investing.com. See disclosure here or remove ads .

Peter Smith, CEO and co-founder of Blockchain had this to say about Sax’s hiring.

“George is a recognized security leader with decades of valuable experience protecting the most important people, infrastructure and systems in the United States. We are proud to welcome him to Blockchain and for him to lead our security efforts as we continue to make crypto safe and easy to use for everyone.”

Ready to roll

In a statement, Sax seems to recognize the importance of his role now that he’s working in the crypto world.

He said:

“Blockchain is helping to build a fairer financial future by democratizing access to digital assets. I look forward to applying my experience at the U.S. Secret Service, the U.S. Department Treasury, and the U.S. Department of Homeland Security to the company’s already robust security program and enable millions across the globe access to this new financial system with confidence.”


This article appeared first on Cryptovest

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.