TrapX has appointed longtime Mandiant/FireEye exec Gregory Enriquez as the company’s CEO.
Enriquez brings more than 30 years of industry experience to his new role, having previously served as vice president sales at FireEye, where he led the worldwide sales team for the company’s advanced technologies division. He plans on positioning the company as providing new approaches for the data-compromise era.
“During the course of a year we have seen over one billion data records compromised and over $1 billion stolen by hackers,” Enriquez said in a statement. “Current cybersecurity defense solutions are clearly not enough to meet the increasing wave of advanced and deadly cyber-attacks.”
He added, “TrapX’s unique ability to detect and deter attackers once they have penetrated an organization’s network brings compelling value for our customers and partners and complements their existing security solutions. TrapX provides a new layer of defense to defend against targeted attacks. I am confident we can grow our leadership position in the cyber-security market.”
Prior to joining FireEye, Enriquez served as vice president of worldwide sales for Mandiant, which was acquired by FireEye for a one billion dollar valuation. He also led worldwide sales, services and marketing for Symantec’s SwapDrive business unit. Prior to that, Enriquez served in executive sales roles at Stratus Technologies and IBM.
Enriquez earned a Bachelor’s Degree in business administration from the University of Southern California (USC).
“The growing adoption of deception-based technologies is driven by the urgent need for cyber-defenses that can combat the accelerating momentum of advanced malware, advanced persistent threats (APTs) and zero-day threats,” said Dan Avida, general partner at Opus Capital, in a statement. “Throughout his career, Greg Enriquez has demonstrated exceptional ability to deliver aggressive growth and profitable results. His leadership qualities combined with his extensive experience in cybersecurity make Greg the ideal person to lead TrapX.”
Enriquez will also be joining the TrapX Security Board of Directors.