Dallas, Texas 06/25/2015 (Financialstrend) – Facebook Inc (NASDAQ:FB) is moving to make its products more secure by poaching one of the finest security talent in Silicon Valley. The giant social network has reportedly reached an agreement with Alex Stamos, Yahoo! Inc. (NASDAQ:YHOO)’s current chief security officer, to take over as the head of its security team.
Yahoo Appoints Stamos Replacement
Unlike other tech giants that have signed a ‘no poaching’ pact agreement with each other, Facebook is stopping at nothing in trying to accord its users the highest level of security for anything they share online. Stamos is to join Facebook Inc (NASDAQ:FB) on June 29, having been at Yahoo for more than a year.
Facebook is filling a position vacated by Joe Sullivan, who left the company for Uber Technologies. Yahoo! Inc. (NASDAQ:YHOO) has since appointed Ramses Martinez to take over from Stamos having been a director in the security team.
Stamos joins Facebook Inc (NASDAQ:FB) with an ambition of making it more secure as it continues to look for other avenues of attracting more users. The company has already initiated the internet.org project designed to bring more people online by providing them with cheap and affordable internet connection.
Stamos in a Facebook Inc (NASDAQ:FB) post reiterated that the internet has been an incredible force for connecting people around the world while giving them access to personal, educational and economic opportunities. Providing the safest and most trustworthy products should be the next step for companies according to Stamos, if they are to continue enjoying trust from users.
Stamos has overseen something of a cyber-security turnaround in Yahoo! Inc. (NASDAQ:YHOO) in the wake of Edward Snowden revelations of the US government spying activities. Stamos has been advocating for the need to protect users from all security threats especially from those from the government.
Stamos joins Facebook Inc (NASDAQ:FB) with deep technical, security knowledge and experience according to the giant social network vice president and general counsel Colin Stretch.