Dfns, the French cybersecurity startup providing an API for securing digital assets, announces that it has signed BitGo’s director of information systems security, Dr. Samer Fayssal (ex-Rakuten, Solarwinds, Euclidia, LogicNow and GFI Software) has hired. It will help strengthen security, compliance and conduct research programs on emerging threats targeting decentralized financial and crypto players in general.
BitGo’s Information Systems Security Director Joins Dfns
Founded in 2020 in Paris, Dfns is a startup incubated at Station F (labeled Future40), accelerated by Techstars and recognized as DeepTech by the Ministry of Economy. The company is already internationally established and has offices in Paris, Amsterdam, New York, London, Stockholm and Sofia. A press release published today announces the recent hiring of Dr. Samer Fayssal at the post of Chief Information Security Officer†
dr. Samer Fayssal was Head of Security at BitGo Inc. and Director of Information Systems Security at BitGo Trust. Prior to that, he held several senior cybersecurity roles at Rakuten, Solarwinds, Euclidia, LogicNow and GFI Software. dr. Samer Fayssal joins Dfns as Chief Information Security Officer to take the security of crypto wallets to an even higher level and improve the customer experience by equipping the applications with new functionalities.
BitGo is the world’s second largest cryptocurrency wallet provider, with $64 billion (as of November 2021). The company was acquired by Galaxy Digital in May 2021 for more than $1.2 billion and was founded in 2013 by Mike Belshe in San Francisco. It has never been hacked in its history, making BitGo one of the safest and most respected administrators in the cryptocurrency industry.
Mike Belshe hired Dr. Samer Fayssal for his exceptional career, knowledge and skills in the field of cybersecurity. dr. Samer Fayssal brings more than 20 years of leadership, scientific research and software development, which has enabled him to implement 12 security programs, 3 USPTO certified patents and publish more than 10 IEEE/ACM cited research papers 85 times.
Unparalleled expertise in cybersecurity at the service of Dfns
dr. Samer Fayssal also holds a doctorate in electrical and computer engineering, specializing in cybersecurity, from the University of Arizona, and a master’s degree in electrical engineering from California State University, in addition to training in leadership and security management from Stanford University. In addition to his technical and managerial experience, Dr. Samer Fayssal is an expert in the regulatory requirements for a world-class information security program, including NIST-800, FFIEC, GLBA, CCPA, SOC and ISO-27000.
As CISO at Dfns, Dr. Samer Fayssal be responsible for developing and executing Dfns’ strategic security plan, including building a world-class security program. In addition, it will support security R&D efforts to develop advanced cryptographic solutions. He will bring his deep security knowledge to Dfns to build the next generation of wallets that will disrupt the market. These solutions will form the backbone of digital asset processing systems.
†Today, we are blessed with production-ready crypto-like MPC that allows us to secure wallets in a way that was impossible 10 years ago. I am highly motivated by this new opportunity and would like to contribute to the democratization of the portfolios of cryptocurrencynoted Dr. Samer Fayssal op. †Security – more specifically zero-trust security – is the missing bridge to reach the next billion crypto users.†
Dfns is a cybersecurity company building a SaaS for securing digital assets. The recent recruitment of Dr. Samer Fayssal is a major asset to this company, which aims to bring calm to decentralized finance by eliminating the new risks of the blockchain and making digital asset transactions easier, faster and affordable.
Get an overview of news in the world of cryptocurrencies by subscribing to our new daily and weekly newsletter service, so you don’t miss out on the essential Coinstand!
The blockchain offers so many possibilities! Who knows what this technology can offer us after NFTs and the metaverse? This universe fascinates me and I like to read and write about it. I hope you enjoy reading me just as much!