1. The two faces of FOUNDSTONE.
- Author
-
Behar, Richard
- Subjects
PIRACY (Copyright) ,COMPUTER security ,COMPUTER network security ,COMPUTER access control ,COMPUTER hackers ,CORPORATE corruption - Abstract
George Kurtz may be his own worst enemy. In just four years Kurtz, CEO of Foundstone, and Stuart McClure, its president, created one of the best-known U.S. computer-security companies by exposing the vulnerabilities of software firms. Foundstone, a privately owned $20-million-a-year company in Mission Viejo, Calif., is in trouble. It has been accused of widespread software piracy by a leading industry trade group, the Software& Information Industry Association, which informed Kurtz by letter in May that it intended to pursue copyright-infringement charges against Foundstone. It acted after a confidential source alleged that McClure and Gary Bahadur, Foundstone's chief information officer, routinely spread unlicensed software to the company's 125-member workforce; that Kurtz was aware of that practice; and that in early April the CEO ordered his staff to delete unlicensed software from their computers. Kurtz denies the company engaged in piracy. The use of unlicensed software is a global problem--estimates of lost revenues range up to $13 billion a year--but it's rare among companies whose business is safeguarding intellectual property.
- Published
- 2003