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SOURCE Premier Alliance Group
Former NYSE Chairman and CEO Joins cybersecurity panel
NEW YORK, June 25, 2014 /PRNewswire/ -- root9B, a Premier Alliance Group Company (OTCQB: PIMO), announced today that former NYSE chairman and chief executive officer Richard A. Grasso will join its Advisory Board, effective immediately.
Grasso, who guided the NYSE to the most successful years in its history, joins Judge William Webster, former Director of the CIA and FBI, National Security Council alum Michele Malvesti, Lewis Merletti, former Director of the Secret Service, and Joe Grano, chairman and CEO of Premier Alliance, on the Advisory Board.
"Dick Grasso understood the need for physical and cyber security before most did on Wall Street," said Grano, the former chairman of UBS Financial Services. "He was the greatest leader the New York Stock Exchange ever had and his knowledge of markets, investors and protecting those investors is legendary."
While at the NYSE, Grasso led the effort to ramp up physical and systems security at the Big Board following the terrorist attack at the World Trade Center in 1993. He spearheaded Wall Street's effort to re-open the markets after the September 11, 2001, attacks. As part of the NYSE's security network, Grasso forged strong ties with local, state and federal law enforcement and intelligence organizations.
"Cybersecurity has become a paramount issue for financial firms as they strive to protect themselves and their customers," said Grasso. "Elevating this conversation among directors and management is imperative. The work the root9B team is doing in the cybersecurity space is state of the art."
Grasso, the founder of Gladiator Holdings, serves as a Director of Virtu Financial. He is also the vice-chairman of the Congressional Medal of Honor Foundation, vice-chairman of Nassau County Crime Stoppers, and a trustee of Wagner College.
Among other national and global clients, root9B provides cybersecurity defense and training programs for the U.S. Department of Defense and The Boeing Company. Founded in 2011 by former National Security Agency (NSA) cybersecurity specialists, root9B was acquired by Premier Alliance in December of 2013.
The company offers cutting edge technology, tactics development, custom tools and deep mission experience, through a comprehensive program of vulnerability analysis, penetration testing, digital forensics, incident response and active 'adversarial pursuit' engagements on some of the most sensitive and targeted networks worldwide.
"We are very excited to add Mr. Grasso to the root9B advisory board. Mr. Grasso's knowledge of the markets will provide great insight to our current and future financial services clients," said Eric Hipkins, root9B's founder and CEO who has more than 25 years of experience in advanced cyber and technical operations in the U.S. Army and the NSA.
About Premier Alliance Group, Inc.
Premier Alliance Group, Inc. (OTCQB: PIMO) is a leading provider of Cybersecurity, Energy and Business Advisory Solutions. Headquartered in New York City, Premier Alliance has been delivering results that improve productivity, mitigate risk and maximize profits since 1995. Our clients range in size from Fortune 100 companies to mid-sized and owner-managed businesses across a range of industries, including local, state and federal government agencies. For more information, visit www.premieralliance.com
Based in Colorado Springs, Colo., root9B is a leading provider of advanced cybersecurity services and training for commercial and government clients. Combining cutting-edge technology, tactics development, specialty tools, and deep mission experience, root9B personnel leverage their extensive backgrounds in the U.S. Intelligence Community to conduct advanced vulnerability analysis, penetration testing, digital forensics, incident response, industrial control system (ICS) security, and active adversarial pursuit (HUNT) engagements on networks worldwide. For more information, visit www.root9B.com.
Contact: Bob Zito (917) 692-0747
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