CEO Shalev Hulio, replaced by Yaron Shohat, current Chief Operating Officer who will lead the reorganization”,”text”:”NSO group today announces a reorganization of the company and the departure of CEO Shalev Hulio, replaced by Yaron Shohat, current Chief Executive Officer operations that will govern the reorganization”}}”>NSO group announces today a reorganization of the company and the departure of the CEO Shalev Hulio, replaced by Yaron Shohat, current director of operations who will lead the reorganizationthe company said in a statement sent to theAFP .
According to the Israeli specialized press, NSP plans to lay off around 100 of its 700 employees as part of this reorganization.
NSO did not confirm these figures, but indicated
streamline operationsin order to
to remain one of the largest cybertech companies in the worldand concentrate its salesNATO“,”text”:”to NATO member countries”}}”>to member countries of theNATO.
In the summer of 2021, NSO found itself in the spotlight after a media consortium revealed that the phone numbers of at least 180 journalists, 600 politicians, 85 human rights activists or even 65 business leaders had been spied on with its Pegasus software.
This computer tool, considered a
armed by the Israeli defense which must give the green light to its export, allows for example to remotely activate the cameras and the microphones of a smart phone.
The firm NSO repeats since these revelations, and others which followed, to have obtained the licenses to export its software and that the latter, intended for counterterrorism and the fight against crime, could have been
diverted of its use by certain customers.
The American “black list”
These revelations and a debt previously contracted by the group have cut its cash threatening until the survival of this flagship Israeli cybertechnology company, according to court documents consulted earlier this year by theAFP.
These documents revealed an internal battle over the countries to which the group should sell its technology, with some creditors saying they did not object to its sale to so-called countries.
high risk because of their human rights record, to avoid losing money.
According to these documents, Berkeley Research Group (BRG), an American firm which manages the majority of the group’s shares, opposed it, insisting on the priority for NSO to get out of the American blacklist of companies threatening State security on which she was placed in November.
The company is reorganizing to prepare for its next wave of growth. And Yaron (Shohat) is the right person, arrived at the right timesaid the CEO incumbent and co-founder Shalev Hulio, in a statement.
NSO will ensure that its advanced technologies will be used in a fair and commendable manneradded new boss Yaron Shohat, who joined the company in 2018.