Verizon hires prominent exec from EMC's security division

Reuters

BOSTON, Oct 22 (Reuters) - Verizon Communications Inc has hired a prominent executive away from EMC Corp's RSAsecurity division as the carrier looks to expand offerings ofservices to help businesses protect data and fight cyberattacks.

The telecommunications company said on Tuesday it has hiredRSA Chief Information Security Officer Eddie Schwartz to leadVerizon's corporate security and cyberintelligence practice.

Schwartz, 53, rose to prominence after RSA hired him as itschief information security officer in 2011, charging him withbolstering security at the firm following an embarrassing cyberattack that resulted in the theft of some of the company's keyintellectual property.

Hackers used information stolen in that attack to launchattacks on other firms including defense contractor LockheedMartin Corp. It was one of the most high-profilebreaches of data at a security company.

RSA spokesman Kevin Kempskie said that Schwartz would bemissed.

"Eddie had an important, positive and enduring impact duringhis tenure at RSA," Kempskie said.

RSA has yet to name a replacement for Schwartz, but Kempskiesaid that EMC's Chief Security Officer Dave Martin would overseesecurity at RSA in the interim.

Telecommunications carriers and other technology firms arelooking to expand security product offerings as businessesincreasingly move data to the cloud and mobile devices, placingnew demands on securing that information.

Deutsche Telekom AG and Qualcomm Inc earlier this month invested in the San Francisco mobile securitystartup Lookout. IBM Corp last month purchased securityfirm Trusteer in a deal valued at nearly $1 billion.

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