More details emerge on DOJ probe of Tiversa, company involved in FTC v. LabMD

When I’m right, I’m right.  The DOJ did raid Tiversa. was subsequently able to get additional details from a source. But first start with this report from Reuters’ Joel Schechtman:

 Federal agents are investigating whether cyber-security firm Tiversa gave the government falsified information about data breaches at companies that declined to purchase its data protection services, according to three people with direct knowledge of the inquiry.

The Federal Bureau of Investigation raided Tiversa’s Pittsburgh headquarters in early March and seized documents, the people said.

Read more on Reuters.

In addition to what Reuters reports, can add that five employees left Tiversa around the time Boback was placed on leave by board members. A source who has requested anonymity at this time tells that none of the five are suspected of any wrong-doing. They left because “they saw the writing on the wall,” the source tells “There was no business plan, MetLife broke ties with its partnership, and Lifelock didn’t renew their contract.” Harris Jones of Adams Capital Management has taken over at the helm of Tiversa for now,  the source claims. ACM did not respond to inquiries, however.

When asked whether any others were involved in the kind of fraud Boback is allegedly being investigated for, the source stated that “it was always between Bob (Boback) and Rick (Wallace). Not too many people realized what was going on. Now people are looking into the data.”  And the more they look into things, the source claims, the more they uncover in the way of lies and Boback asking or directing employees to falsify findings. The source later told that he was aware of one other instance where allegedly Boback asked someone to have multiple files spread to multiple IP addresses. It is not clear to whether that employee – whose identity is unknown to – ever cooperated with that request.

Was the claim to Congress and the media about plans for Marine 1 being found on an Iranian IP a lie, asked? “Yes,” was the simple answer.

“You have to understand that Tiversa had a great technology that is the real deal but RB fucked it up. Greed. Above the law, untouchable,” the source tells

Maybe not so untouchable after all.

“Truth needs to be out there. #karma” the source added.



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3 comments to “More details emerge on DOJ probe of Tiversa, company involved in FTC v. LabMD”

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  1. Justin M. Shafer - March 17, 2016

    Yeah… u were right

  2. mrgray - March 18, 2016

    I think this is related, since the article states that 9 companies are being investigated. It can’t be just a coincidence.

    FTC To Study Credit Card Industry Data Security Auditing
    The nine companies receiving orders from the FTC are: Foresite MSP, LLC; Freed Maxick CPAs, P.C.; GuidePoint Security, LLC; Mandiant; NDB LLP; PricewaterhouseCoopers LLP; SecurityMetrics; Sword and Shield Enterprise Security, Inc.; and Verizon Enterprise Solutions (also known as CyberTrust).

    • Dissent - March 18, 2016

      It *is* a coincidence, I think. The FTC is studying credit card industry, starting with questions to 9 QSAs. That has *nothing* to do with what Tiversa/Boback is being investigated for by the Dept. of Justice.

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