Security testing company NSS Labs “ceased operations” last week, the company said in a notice on its website, citing impacts related to the ongoing coronavirus pandemic.
The Austin, Texas-based company was quietly acquired by private equity firm Consecutive last October. But last week, the company was reportedly preparing for layoffs, according to Dark Reading, which first reported news of the company’s shuttering.
In a brief post on LinkedIn, NSS Labs’ chief executive Jason Brvenik hinted at layoffs, adding: “If you are in need of excellent people that exceed my high standards, please get in touch.” (Brvenik listed himself as a former chief executive on his LinkedIn profile.)
Former employees told TechCrunch that they had been laid off as a result of the company’s closure.
NSS Labs, founded in 2007, was one of the most well-known product security testing companies, allowing customers to use real threat data to stress-test their products and discover potential vulnerabilities and security issues.
But the last few years have been rocky. NSS Labs retracted its “caution” rating for CrowdStrike’s Falcon platform in 2019, after the two companies confidentially settled a lawsuit challenging the results. NSS Labs also dropped its antitrust suit against the Anti-Malware Testing Standards Organization (AMTSO), Symantec and ESET, after the testing giant claimed it had discovered evidence of the companies allegedly conspiring to make it harder to test their products.
Spokespeople for NSS Labs and Consecutive did not immediately return requests for comment.
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