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Pindrop® Security Appoints Mike Vandiver as Chief Financial Officer

ATLANTA – Aug. 18, 2015 – Pindrop Security, the leading provider of call center anti-fraud and authentication solutions for enterprise call centers, today announced that Mike Vandiver has joined the company as chief financial officer (CFO). Vandiver brings more than 20 years of experience guiding financial strategy for both public and private companies to Pindrop Security. His experience spans a variety of industries, including computer and network security and telecommunications. At Pindrop Security, Vandiver will oversee all financial operations.

“2015 has been a tremendous year of growth for Pindrop. After securing one of the largest Series B funding rounds in the security industry, we’ve continued expanding into new verticals and increasing our customer base. With his deep understanding of high-growth technology companies, Mike further solidifies our leadership team at this pivotal time,” said Vijay Balasubramaniyan, CEO of Pindrop Security. “We’re excited to tap Mike’s extensive financial leadership experience as we continue to innovate in the voice antifraud and authentication market.”

Prior to joining Pindrop Security, Vandiver served as CFO of Ingenious Med, a privately held healthcare software technology company. He also served as the CFO of SecureWorks, a global Internet security services company, for more than 10 years, where he guided the company’s financial strategy and execution, leading to its acquisition by Dell for $612 million in 2011. Vandiver previously held financial leadership roles at companies such as Digiquant, LHS Group and BWAY Corporation.

“With its leading anti-fraud technology being deployed in some of the largest companies in the financial services, retail and insurance industries, Pindrop Security is solving a 40 year-old problem that plagues enterprise call centers and costs businesses millions of dollars each year,” said Vandiver. “I’m excited to contribute to this impressive team as we continue to provide state-of-the-art fraud detection solutions to corporations and government entities globally.”

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About Pindrop Security:

Pindrop Security, headquartered in Atlanta, Ga., is a privately held company that provides enterprise solutions to secure phone and voice communications. Pindrop solutions reduce fraud losses and authentication expense for some of the largest banks, brokerages and retailers in the world. Pindrop’s patented Phoneprinting technology can identify, locate and authenticate phone devices uniquely just from the call audio thereby detecting fraudulent calls as well as verifying legitimate callers. Named SC Magazine 2013 Rookie Security Company of the Year, a Gartner “Cool Vendor” in Enterprise Unified Communications and Network Services for 2012 and one of the 10 Most Innovative Companies at the 2012 RSA conference, Pindrop Security’s solutions restore enterprises’ confidence in the security of phone-based transactions.