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Fake Hire, Staff Departures Roil SoftBank-Backed Security Startup

Cybereason, a Softbank-backed rising star in corporate cybersecurity, touts its ability to spot attacks  on data networks. But one threat slipped past the roughly $1 billion startup’s defenses: an executive hired to run Cybereason’s human resources unit who the company says turned out to be a fraud.

The incident was just the latest in what numerous current and former employees say has been a year of turmoil at the fast-growing company, including the turnover of nearly the entire sales department.

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Mr. Div described Mr. Byron as a “very solid sales leader” and denied any cultural problems with the executive. Cybereason’s sales rose 140% in 2017 compared with the previous year. The first quarter of 2018 had exceeded its sales goals by 150%, Mr. Div said.

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‘This is a company run by Israeli intelligence officials, yet the most sensitive position you could hire for is one where they didn't have enough information about the person. ...That has resonance.’