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Asia

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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