NSO Group’s Hulio steps down as CEO of spyware firm, 100 employees let go
Producer of controversial Pegasus phone hacking software undergoing large scale reorganization amid bid to regroup after years of negative publicity, blacklists and lawsuits
The chief executive of embattled Israeli spyware maker NSO is stepping down and 100 employees are being let go as part of a reorganization process, the company said Sunday.
In a statement, NSO said that CEO Shalev Hulio, one of the company’s founders, would be stepping down. Yaron Shohat, the company’s chief operating officer, will lead the firm on an interim basis and manage the reorganization process.
Hulio, who led the firm as it battled years of negative publicity that transformed the Herzliya-based outfit into an internationally recognized pariah, will remain with the company overseeing its mergers and acquisitions arm.
A statement from NSO said the reorganization will examine “all aspects of its business, including streamlining its operations to ensure NSO remains one of the world’s leading high-tech cyber intelligence companies, focusing on NATO-member countries.”
A company official, speaking on condition of anonymity because they were not authorized to discuss the reorganization efforts, said that 100 employees, or roughly 13 percent of NSO’s work force, would be dismissed.
Although the company keeps its client list private, governments and spy agencies around the world have sought its Pegasus software, which allows users to activate the microphone and camera on private devices without their knowledge.
NSO has been connected to a number of scandals resulting from alleged misuse of its surveillance software. Last year, the US government blacklisted the company, saying its tools had been used to “conduct transnational repression.”
Since then, NSO has been lobbying to have itself removed from the blacklist, investing “hundreds of thousands” of dollars into the publicity campaign according to a ProPublica report.
NSO reportedly tried to get the issue on the agenda for the meeting between Prime Minister Yair Lapid and US President Joe Biden in Jerusalem in July.
https://www.timesofisrael.com/nso-groups-hulio-steps-down-as-ceo-of-spyware-firm-100-employees-let-go/