MGT Announces Creation of Hacker Advisory Board

MGT today announced the formation of a Hacker Advisory Board to help steer the Company's technology in the ever changing field of cyber security threats. The founding members of the board will be comprised of world renowned hackers Chris Roberts, Bryce Case and Alexander Heid. Each board member comes with unparalleled insight into the types of threats the Company aims to combat through its acquisition and evolution of cybersecurity technology.

"Alexandre Fichet, designer of the first bank vault safe famously stated 'No one unschooled in the art of picking locks can design and build a decent safe.' It is with this principle in mind that we have enlisted world renowned hackers to advise in the development of our cybersecurity technology through our Hacker Advisory Board," said John McAfee, proposed Executive Chairman and Chief Executive Officer of MGT Capital. "We intend to leverage their talents to ensure MGT gains a clear advantage in the evolving landscape as new classes of cyber threats are identified."

"The knowledge and experience of our three founding board members will help us to achieve our goals in providing absolute security to every individual and corporate entity that uses our products," concluded McAfee.

Chris Roberts is a highly respected white hat Hacker who gained national attention last year by hacking into the entertainment system of a United Airlines plane and proving the linkage between the entertainment control system and flight control system. Roberts is also the founder of One World Labs, a Denver-based company that empowers organizations to continually improve their cybersecurity defenses. After leaving OWL, Roberts joined Sentinel Global as a computer and network security consultant.

Bryce Case, better known as YTCracker, was exposed to computers by his father and mother, learning to program BASIC from age 4, and is a computer security professional most known for his high profile defacements of various government websites in the early 2000s. Since then, he has maintained close ties with the hacker community at large, and founded the grey-hat web board Case has consulted and performed penetration testing for businesses of all sizes, and has made regular appearances in the media explaining tactics used by hackers.  Currently, Case runs a "celebrity cyber bodyguard" firm known as the Faction, protecting high-profile clients from unwanted intrusions and leaks.

Alexander Heid is the founder of HackMiami, the premier resource in South Florida for highly skilled hackers that specialize in vulnerability analysis, penetration testing, digital forensics, and all manner of information technology and security. Members of HackMiami are on the cutting edge of vulnerability research and regularly make presentations at international hacking conferences around the world (Defcon, HOPE, OWASP AppSec, Hacker Halted). Heid's specialties include digital crime intelligence analysis, application security auditing, network vulnerability analysis, penetration testing, and malware reversal. Much of the research he has participated in is frequently featured at national industry conferences and within mainstream media.