Security screening company NSS Labs” ceased operations”last week, the company stated in a notification on its website, citing effects connected to the ongoing coronavirus pandemic. The Austin, Texas-based business was silently gotten by private equity company Successive last October. However recently, the business was supposedly

getting ready for layoffs, according to Dark Reading, which first reported news of the business’s shuttering. In a brief post on LinkedIn, NSS Labs’president Jason Brvenik meant layoffs, adding :”If you require excellent people that exceed

my high requirements, please get in touch.”(Brvenik listed himself as a former chief executive on his LinkedIn profile.)Former employees informed TechCrunch that they had been laid off as an outcome of the business’s closure. NSS Labs, founded in 2007, was one of the most well-known item security testing business, permitting customers to utilize genuine hazard data to stress-test their items and find prospective vulnerabilities and security problems. But the last few years have actually been rocky. NSS Labs withdrawed its”care “score for CrowdStrike’s Falcon platform in 2019, after the 2 companies in complete confidence settled a lawsuit challenging the outcomes. NSS Labs also dropped its antitrust match against the Anti-Malware Testing Standards Organization( AMTSO), Symantec and ESET, after the screening giant claimed it had discovered proof of the companies presumably conspiring to make it harder to test their items. Spokespeople for NSS Labs and Consecutive did not right away return requests for comment. Send ideas safely over Signal and WhatsApp to +1 646-755-8849. Article curated by RJ Shara from Source. RJ Shara is a Bay Area Radio Host (Radio Jockey) who talks about the startup ecosystem – entrepreneurs, investments, policies and more on her show The Silicon Dreams. The show streams on Radio Zindagi 1170AM on Mondays from 3.30 PM to 4 PM.