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612 Collapse of National Security Elites' Cyber Firm Leaves Bitter Wake

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msmash @ Slashdot · today 13:22 EDT

Collapse of National Security Elites' Cyber Firm Leaves Bitter Wake

Cybersecurity firm IronNet, founded by former NSA director Keith Alexander, has collapsed after failing to deliver on its promise to revolutionize cyber defense. The company, which went public in 2021 with a $3 billion valuation, shut down in September 2023 after running out of money.

IronNet's downfall has left investors and former employees bitter, with some accusing the company of misleading them about its financial health. "I'm honestly ashamed that I was ever an executive at that company," said Mark.

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