Former Walla! News and leader joins company to accelerate product growth and meet increased global demands for improving website security

ROSH HAAYIN, Israel and Stamford, CT, December 2, 2020 Source Defense, the market leader in client-side website security, today announced the appointment of Sagi Shvartz as the company’s Vice President of Research and Development. In this role, Shvartz is responsible for leading the technical team to further innovate and advance the Source Defense platform to meet the growing security needs of customers and consumers. He will work closely alongside Chief Technology Officer and Co-founder Hadar Blutrich, who remains focused on long-term technology architecture, exploring inorganic growth opportunities and more.

Shvartz brings over 20 years of technical and operational experience leading Research and Development, Data, DevOps, IT and Cybersecurity teams, with a proven track record designing and building a wide range of online products. He is the former COO of financial markets platform, and CTO of online website directory company Walla! News. As a collaborative product-leader, Shvartz’s past experiences will help advance the customer-driven roadmap and Source Defense’s mission in delivering the very best technology offerings to all clients.

“Sagi is a proven leader who has driven both product and go-to-market strategies for some high profile and fast-growing companies. His insight, expertise and industry relationships make him a perfect addition to Source Defense’s executive team,” said Source Defense CEO Dan Dinnar. “With a growing global customer base, we are rapidly scaling all aspects of our business – Sagi’s deep experience will help propel our growth.”

“There were two things that really attracted me to this position with Source Defense: the market opportunity and the people,” said Shvartz. “What Source Defense does is important in this time of digital and cultural transformation and growth. Being charged with helping the biggest and best companies in the world improve their website security, engaging with our customers’ needs and other elements of making the website more secure is a great honor. I’m equally excited about our team, the wealth of knowledge they bring to this space and the growth of the market.”

This appointment comes on the heels of tremendous company momentum that includes being named one of Forbes Top 20 Cybersecurity Companies to Watch in 2020 and successfully launching its “Website in Page Protection” (WiPP) solution that protects websites from attacks originating from first-party code, insider threats, and other vulnerabilities. Further, the COVID-19 pandemic has shined a spotlight on the importance of website security. For example, Digital Commerce 360 anticipates an additional $40 billion in online revenue over November and December 2020.

About Source Defense

Source Defense is the market leader in Client-side Security for websites, providing real-time threat detection, protection and prevention of vulnerabilities originating in JavaScript. The Source Defense patented Website Client-side Security Platform offers the most comprehensive & complete solution addressing threats and risks coming from the increased usage of JavaScript, libraries and open source in websites today.

The ADMIN management console, VICE sandboxing and WiPP data shield offerings utilize patented technology and are deployed by leading Fortune500 enterprises in the Financial, Retail, and Healthcare markets. Headquartered in Israel, with branches across the US and a strong community of global valuable partnerships, Source Defense is the most innovative, reliable and trusted partner in the fight against client-side attacks.

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