CoinPayments, the world’s leading cryptocurrency payments processor, today announced Marshal Webb as Chief Technology Officer. The former hacker-turned-network security consultant will drive CoinPayments’ technology strategy to further enhance its security protocols for users globally.
“Cybersecurity is at the forefront of our company’s strategy, and Marshal’s extensive knowledge makes him the ideal candidate to lead our security efforts,” said CoinPayments CEO Jason Butcher. “His unique story and background that started at the young age of 12 are what will contribute to his success in helping CoinPayments take a more proactive rather than reactive security approach, mitigating breaches every step of the way.”
Prior to joining CoinPayments, Mr. Webb founded his security consultancy called Path Networks after attending Miami University as a child prodigy and genius at the age of 12. As a former hacker, Webb first gained notoriety as a teenage hacker for Lulz Security, a group of hackers targeting business and government systems.
“Hacking and cybersecurity threats are becoming more sophisticated, and with growing crypto adoption, I understand the urgency to set up proper security measures to prevent future losses and to ensure cryptocurrencies maintain their momentum,” said Webb. “My focus will be on protecting our users from any vulnerabilities while positioning CoinPayments as a leader within the industry when it comes to cybersecurity and digital payments.”
Mr. Webb’s appointment is effective immediately.