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Josh Lefkowitz
Chief Executive Officer
Josh Lefkowitz executes the company’s strategic vision to empower organizations with Business Risk Intelligence (BRI). He has worked extensively with authorities to track and analyze terrorist groups. Mr. Lefkowitz also served as a consultant to the FBI’s senior management team and worked for a top tier, global investment bank. Mr. Lefkowitz holds an MBA from Harvard University and a BA from Williams College.
Evan Kohlmann
Chief Innovation Officer
Evan Kohlmann focuses on product innovation at Flashpoint where he leverages fifteen years’ experience tracking Al-Qaida, ISIS, and other terrorist groups. He has consulted for the US Department of Defense, the US Department of Justice, the Australian Federal Police, and Scotland Yard’s Counter Terrorism Command, among others. Mr. Kohlmann holds a JD from the Univ. of Pennsylvania Law School and a BSFS in International Politics from the Walsh School of Foreign Service at Georgetown Univ.
Josh Devon
Chief Operating Officer / VP Product
Josh Devon focuses on product vision and strategy at Flashpoint while ensuring the company’s departments function synergistically during its rapid growth. He also works to ensure that customers receive best in class products, services, and support. Previously, Mr. Devon co-founded the SITE Intelligence Group where he served as Assistant Director. He holds an MA from SAIS at Johns Hopkins Univ. At the Univ. of Pennsylvania, he received a BS in Economics from the Wharton School and a BA in English from the College of Arts and Sciences.
Jennifer Leggio
Chief Marketing Officer / VP Operations
Jennifer Leggio is responsible for Flashpoint’s marketing, customer acquisition, and operations. Ms. Leggio has more than 20 years of experience driving marketing, communications and go-to-market strategies in the cybersecurity industry. She’s previously held senior leadership roles at Digital Shadows, Cisco, Sourcefire, and Fortinet. She’s been a contributor to Forbes and ZDNet, and has spoken on the importance of coordinated disclosure at DEF CON and Hack in the Box, and on threat actor “publicity” trends at RSA Conference, Gartner Security Summit, and SXSW Interactive.
Chris Camacho
Chief Strategy Officer
Chris Camacho leads the company’s client engagement and development team, which includes customer success, business development, strategic integrations and the FPCollab sharing community. With over 15 years of cybersecurity leadership experience, he has spearheaded initiatives across Operational Strategy, Incident Response, Threat Management, and Security Operations to ensure cyber risk postures align with business goals. Most recently as a Senior Vice President of Information Security at Bank of America, Mr. Camacho was responsible for overseeing the Threat Management Program. An entrepreneur, Mr. Camacho also serves as CEO for NinjaJobs: a career-matching community for elite cybersecurity talent. He has a BS in Decision Sciences & Management of Information Systems from George Mason University.
Lisa Iadanza
Chief People Officer
Lisa M. Iadanza leads all functional areas of People Operations at Flashpoint, including human resources, talent acquisition & management, employee engagement, and developing high performance teams. In addition to collaborating with the executive team to drive strategic growth, she plays an integral role in fostering Flashpoint’s culture and mission. Driven by her passions for mentorship, employee advocacy, and talent development, Ms. Iadanza has more than twenty years of experience in building, scaling, and leading human resources functions. Prior to Flashpoint, she held leadership roles at Conde Nast, Terra Technology, and FreeWheel. She is a member of the Society for Human Resources Management (SHRM) and holds a bachelor’s degree in management with concentrations in human resources and marketing from State University of New York at Binghamton.
Rob Reznick
VP of Finance and Corporate Development
Rob Reznick leads the finance, accounting, and corporate development teams at Flashpoint. Rob previously served as Director of Finance & Accounting for 1010data (acquired by Advance/Newhouse), and Director of Finance for Financial Guard (acquired by Legg Mason) after prior work in forensic accounting and dispute consulting. Mr. Reznick is a Certified Public Accountant and holds an MBA and MAcc from the Fisher College of Business at the Ohio State University, and a BBA from the Ross School of Business at the University of Michigan.
Lance James
Chief Scientist / VP Engineering
Lance James is responsible for leading Flashpoint’s technology development. Prior to joining Flashpoint in 2015, he was the Head of Cyber Intelligence at Deloitte & Touche LLP. Mr. James has been an active member of the security community for over 20 years and enjoys working creatively together with technology teams to design and develop impactful solutions that disrupt online threats.
Brian Costello
SVP Global Sales and Solution Architecture
Brian Costello, a 20-year information technology and security solutions veteran, is responsible for leading the Global Sales, Solution Architecture, and Professional Services teams at Flashpoint. Throughout his career, Brian has successfully built security and cloud teams that have provided customers with innovative technology solutions, exceeded targets and consistently grown business year over year. Prior to Flashpoint, Brian led a global security and cloud vertical practice for Verizon. Brian also held senior leadership roles at Invincea, Risk Analytics and Cybertrust. Brian received his B.A. from George Mason University.
Tom Hofmann
VP Intelligence
Tom Hofmann leads the intelligence directorate that is responsible for the collection, analysis, production, and dissemination of Deep and Dark Web data. He works closely with clients to prioritize their intelligence requirements and ensures internal Flashpoint operations are aligned to those needs. Mr. Hofmann has been at the forefront of cyber intelligence operations in the commercial, government, and military sectors, and is renowned for his ability to drive effective intelligence operations to support offensive and defensive network operations.
Jake Wells
VP, Client Engagement & Development
Jake Wells leads strategic integrations and information sharing as part of the client engagement & development team, which serves as an internal advocate for our government and commercial clients to ensure Flashpoint’s intelligence solutions meet their evolving needs. He leverages a decade of experience running cyber and counterterrorism investigations, most recently with the NYPD Intelligence Bureau, to maximize the value customers generate from our products and services. Mr. Wells holds an MA from Columbia University and a BA from Emory University.
Brian Brown
VP Business Development
Brian Brown is responsible for the overall direction of strategic sales and development supporting Flashpoint’s largest clients. In his role, Mr. Brown focuses on designing and executing growth-oriented sales penetration strategies across multiple vertical markets, including both Government and Commercial, supporting Flashpoint’s Sales and Business Development Teams. An experienced entrepreneur, Mr. Brown also serves as CSO for NinjaJobs, a private community created to match elite cybersecurity talent with top tier global jobs and also advise growth-stage cybersecurity companies.
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International Bank Robberies Leverage Adjacent Properties for Unconventional Access Routes

Blog
January 11, 2018

At a time when much of the thinking about the security of financial institutions has shifted to cyber, it is important to remember that banks worldwide still face a range of physical threats. Flashpoint analysts have observed a recent spate of bank robberies that exhibit similar tactics, techniques, and procedures (TTPs) where the criminals leveraged properties adjacent to, or in the vicinity of, the targeted bank in order to gain access.

Our analysts have observed five of these unconventional access robberies between September and December 2017. While most were conducted through the use of underground tunnels, two others conducted in April and May 2017 were carried out through ceiling access.

There were similarities among the robberies, which were staged from empty or recently unoccupied storefronts, took place primarily on weekends, and targeted safe deposit boxes. The robberies were executed with a high degree of precision, exhibited suspicious signs that were missed by authorities, were well-financed, and demonstrated expertise in pulling off such a heist.

The TTPs employed in four of the robberies are as follows:

Brazil
In October 2017, 16 people were arrested and charged in connection with the attempted theft of R$1 billion reais (approximately $330 million USD) from a São Paulo branch of a major Brazilian bank. It took the group four months to dig a tunnel 500 meters from a nearby house that was rented by a woman who used a false identity, and stocked with specialized equipment to access the bank. Members of the group used a two-meter ladder to access the tunnel from inside the house. The tunnel was well constructed; it was one-and-a-half meters high, equipped with electric lighting, a ventilation system, and walls lined with plastic garbage bags to control dust.

Experts speculate the involvement of organized crime given that the actors involved reportedly contributed more than R$200,000 reais each, just under $1.27 million USD invested in the failed project.

Kenya
On Nov. 19, 2017, a group of individuals broke into the strongroom of a bank in Thika, Kenya, and stole the equivalent of $500,000 USD. According to a Kenyan newspaper, the thieves dug a 30-meter long and 10-meter deep tunnel to the strongroom from a nearby commercial property. The thieves reportedly leveraged an existing sewer line to build a tunnel, incorporated a lighting system, and used steel bars and fitted planks to prevent collapse.

The thieves ostensibly ran a bookstore from the commercial property, which they had been renting since June 2017. To conceal the tunnel and the equipment used to dig it, the gang claimed it had not “fully settled,” and would be continuing construction on the property. Thus, when neighboring shopkeepers heard suspicious sounds, they concluded that repairs were being conducted. To get rid of the excavated soil without arousing suspicion, a local police commander explained that “they packaged the sand in cartons and sacks, which they loaded into a vehicle. They gave the impression that the cartons and sacks contained textbooks.”
Given the precision with which the tunnel was dug, authorities speculated that the gang could have been helped by bank insiders, or by someone else with detailed knowledge of the bank’s layout.

India
Over the weekend of Nov. 11, 2017, burglars entered a bank in Mumbai, India and stole cash, jewelry, and other valuables from 30 customers’ safe deposit boxes totaling between 4 million and 10 million Indian rupees (INR)—approximately $62,000 to $155,000 USD. The theft was discovered the morning of Nov. 13, 2017, when bank staff escorted a customer to visit their safe deposit box and found many were opened, as well as the entrance to a tunnel through which the burglars accessed the safe deposit boxes.

The tunnel was started 30 to 50 feet away and ran underneath the office of a security agency and another portion of the building holding the bank’s ATMs before emerging into the safe deposit room. The burglars used plywood supported by small bamboo sticks to prevent the tunnel—which was a narrow 18 inches wide—from collapsing.

Starting in May 2017, a member of the group rented a general shop near the bank. The digging started the next month once the necessary tools had been assembled, including a walkie-talkie, hammer machine, drill, cutting machine, screwdriver, and a fan. Once inside, it appears the thieves attempted to access the main vault that houses the bank’s cash reserves, but were unsuccessful in doing so.

The Philippines
Over the weekend of Sept. 30, 2017, thieves broke into a bank in Quezon City, Philippines, stealing millions of pesos in cash and jewelry from approximately 40 safe deposit boxes. In one night, the robbers dug the two-foot diameter tunnel to the bank from a manhole on the nearby road which opened into a drainage system.

After gaining entry to the bank, the actors pulled the alarm box from the ceiling and destroyed DVRs that recorded surveillance footage; police later recovered the waterlogged DVRs from the drainage system, in addition to the tools the group left behind. Those tools included crowbars, long screwdrivers, a miner’s helmet with a flashlight, and metal-cutting saws. Several elements of the bank’s security program seemed to fail during the robbery:

• A security guard posted outside the bank did not observe any suspicious activity, but would not have been able to respond directly if he had since he did not have the ability to access the bank.

• One of the bank’s alarm systems was shut off prior to the robbery.

• Bank officers admitted that they could not get in touch with their security personnel once the functioning alarm went off.

• Security personnel reported that the main headquarters of the bank could view real-time feeds from surveillance cameras, but did not record them.

Though it is important for financial institutions to manage their cyber risk, it continues to be important to manage physical risks as well, as shown by the examples above.

To learn more about managing physical security risks, read our use cases here.

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Leroy Terrelonge III

Director of Intelligence

Leroy is a Regional Threat Intelligence Analyst at Flashpoint.

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Rob Cook

Analyst

Rob is a dynamic and well-rounded All-Source Intelligence and Physical Security Analyst with 20 years of multi-discipline intelligence experience. His background includes managing and developing personnel security, physical security (certified DoD Physical Security Inspector), and operations security programs for the Department of Defense. Rob’s positions have entailed tactical-level intelligence collection and reporting, providing pattern-of-life analysis and biometric tracking of high-level personalities, as well as strategic-level positions requiring POTUS level assessments on foreign military operations and counterinsurgencies. His work in the private sector focuses on cyber threat actors, such as hacktivist and patriotic hacking collectives. Rob has held Vice President positions within two large financial institutions, where he served as a Senior Analyst on their respective cyber threat intelligence teams.

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