Security News > 2022 > August > NSO Group CEO steps down, 100 employees let go too

Pegasus spyware-maker NSO Group announced on Sunday it will reorganize, replacing its CEO and letting go of around 100 workers.

A statement from NSO Group reportedly said the reorg, which reduces the size of the company by around 15 percent, "Will examine all aspects of its business, including streamlining its operations to ensure NSO remains one of the world's leading hi-tech cyber intelligence companies, focusing on NATO-member countries."

"Today is a sad day in NSO Group. After a difficult period with a lot of obstacles and challenges, the company is forced to part with over a hundred employees," wrote a company Financial planning and analysis team leader on LinkedIn.

Hulio will reportedly use his new and abundant free time to shop for a buyer for the company and attempt to convince the US Department of Commerce to remove NSO Group from its blacklist.

NSO Group stands by its assertion that its software is only sold to government agencies for use against criminals and terrorists.

In February, NSO Group was accused of attempted bribery as it tried to access US phone networks.

News URL

https://go.theregister.com/feed/www.theregister.com/2022/08/22/nso_group_ceo_steps_down/