Behavioral Biometrics Specialist Names New CFO and Board Chairman

Behavioral biometrics specialist BehavioSec has announced a couple of important additions to its leadership team.

John McCormack joins the C-suite as BehavioSec’s new Chief Financial Officer. McCormack has CFO experience going back almost 20 years, having held such positions with BlueStar Solutions, Clarus Systems, the Marine Science and Technology Foundation, and, most recently, 4iQ, where he helped to redomesticate Spanish companies into the U.S. He also served as a Consultant CFO to the professional services firm Bishop Fox from February of 2019 to December of that year.

Commenting on his appointment with BehavioSec, McCormack expressed excitement about helping to lead a startup with strong potential. “As Chief Financial Officer my role is to help the company accelerate in today’s marketplace,” he said. “BehavioSec offers me a unique and exciting opportunity to work with an established startup whose services play a significant role in the future of the industry and authentication.”

McCormack joins the company alongside Alberto Yépez, who has been named BehavioSec’s Chairman of the Board. The co-founder and Managing Director of ForgePoint Capital, Yépez describes himself as “a serial entrepreneur”. He currently sits on the boards of more than a dozen companies, including Area 1 Security, Attivo Networks, Bayshore Networks, Coveo, CyberCube, and more. He has been on BehavioSec’s board since the start of 2018, and is evidently impressed with the company’s technology and potential.

“BehavioSec is one of the pioneers in behavioral biometrics and supervised machine learning to enable continuous authentication for digital transformation programs,” he said. “It is a privilege to work closely with the team of entrepreneurs protecting millions of user identities for some of the world’s most sophisticated financial institutions, telecommunications service providers, online retailers and national ID programs.”

The appointments come at a time of growing excitement over behavioral biometrics. The technology has been deployed by a number of financial services firms and other organizations to assess patterns in customers’ online behavior for signs of potential fraud, and has become even more valuable in the wake of a global pandemic that has pushed consumers and employees across a range of sectors into digital channels.

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December 10, 2020 – by Alex Perala