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Tenable hires former Homeland Security official to push cyber growth

Tenable Holdings Inc. has added a former U.S. Department of Homeland Security official to its team of executives as the company looks to make waves in a growing part of the cybersecurity industry.

Columbia-based Tenable announced Tuesday the appointment of Marty Edwards as vice president of operational technology security, an area of focus for the growing cybersecurity company. Tenable, which went public last year, has been expanding services and completing acquisitions as it looks to continue its upward growth trajectory.

Edwards will lead the company's efforts related to operational technology, which refers to the physical devices and processes used at places like power plants and assembly lines. Information technology refers more to data and computer networks. The two disciplines are converging as automation becomes more common.

Tenable wants to be able to provide clients with security for all of their systems at the same time. Tenable acquired Israel-based Indegy Ltd. for $78 million earlier this month to aid in that effort.

Edwards was previously director of strategic initiatives at the International Society of Automation. Before that, he was the longest-serving director of the U.S. Department of Homeland Security’s Industrial Control Systems Cyber Emergency Response Team.

"Adding Marty Edwards, one of the foremost and most sought-after industrial cybersecurity experts, to our OT bench is another testament to our growing expertise in this space and to our commitment to pioneering new solutions for the next wave of IT/OT convergence," Chief Technology Officer Renaud Deraison said in a statement.

Tenable (NASDAQ: TENB) reported a $17.6 million loss in the third quarter in October, and sales of $91.9 million. The company expects revenue for the full year to be between $351 million and $352 million with a loss ranging $39.8 million to $40.8 million.

Link: https://www.bizjournals.com/washington/news/2019/12/17/tenable-hires-former-homeland-security-official-to.html

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